Versero is a leading textile recycling company and market leader in the Berlin region. Versero operates used clothing collection in 8 federal states and is a registered, licensed waste management company with a permit to collect, transport and recycle used clothing in accordance with §53 and §18 of the German Recycling Management Act.
Versero has approached MMC Finance to obtain financing for further growth. With the available funds, the planned expansion in cooperation with a large supermarket chain was not possible.
In cooperation with Versero GmbH, MMC Finance prepared a professional business and financial plan within a few weeks and presented it to banks and leasing companies. Versero’s profitable business model was positively received by the financiers. Thus, it was possible to conclude a bank financing and a truck leasing financing in time for the planned start of the cooperation with the supermarket chain.