New solutions from kompasbank: Make your business more competitive

As an owner or decision-maker in an SME, you often face a complex daily routine filled with challenges. You juggle administrative burdens such as VAT and tax regulations, reporting, management, and recruitment, while also handling strategic considerations related to sales, marketing, growth, and green transition.

At the same time, it is crucial to have easy and quick access to transparent financial solutions that support your business’s development and ensure that you can act when the need arises. Slow processes, bureaucracy, or system limitations must not risk hindering your growth when sudden opportunities or unforeseen challenges arise.

Danish businesses under pressure

Danish and European companies, in particular, are facing increasing competition, as recently documented in the Draghi Report. The report highlights that European businesses need deregulation, better financial tools, improved investment financing, and more flexible solutions to strengthen their competitiveness and sustain growth.

At kompasbank, we have taken this challenge seriously and developed two new solutions that provide SMEs with better access to financing and increased control over international payments. Our flexible leasing solution helps businesses acquire necessary equipment without tying up capital, while our digital currency exchange platform makes international transactions easier and smarter. Together with our digital marketplace, kompasbank navigator, and our tailored financing solutions (business loans), we help companies navigate an increasingly complex economic reality—flexibly and seamlessly.

Business Leasing: Preserve liquidity and strengthen your company

Many SMEs need new equipment to achieve their growth ambitions or remain competitive in terms of price and quality. However, large one-time investments tie up capital or put pressure on liquidity. With our new leasing solution, businesses can acquire IT equipment, office furniture, or tools without having to commit large amounts to the full purchase price or down payment on a business loan.

In collaboration with leasing partner grenke, we offer a solution where businesses can access the necessary equipment for a fixed monthly fee—without a down payment. This means companies can prioritize or free up capital for other important areas, such as sales and marketing or product development.

Additionally, the leasing process is often faster and easier compared to a bank loan. While larger financing needs may not be suited for leasing, a leasing solution can serve as a transition to a larger loan when the need arises.

Currency Exchange Platform: Make international payments faster and smarter

SMEs engaged in international trade often face challenges related to a lack of transparency in exchange rates and fees. Our new currency exchange platform, offered in collaboration with Ebury, not only makes handling international payments easier and more transparent but also enables businesses to receive payments and pay suppliers much faster.

On the platform, companies can seamlessly exchange currencies, open accounts in multiple currencies, and send or receive money in the same currency they operate in.

The platform ensures that SMEs can minimize costs and gain better control over their international transactions—an essential factor for businesses looking to expand across borders. Want to learn more about how our solutions can strengthen your business? Contact us here.