20.12.2021

Flick Gocke Schaumburg advises FINN on asset-backed funding

Flick Gocke Schaumburg has advised FINN on asset-backed funding with a total volume of up to EUR 500 million. FINN, a car subscription platform, plans to use the capital to push ahead with the growth of its fleet of vehicles in Germany.

By expanding its fleet, FINN aims to meet a strong increase in demand.  The company plans to expand its supply by a further 15,000 vehicles.

Advisers to FINN: Flick Gocke Schaumburg

Dr. Florian Holzner, Dr. Sebastian Binder (project co-leads), Dr. Andreas Erdbrügger, Johannes Kemmer (all tax)

FINN was founded in 2019 and provides all-inclusive climate-neutral car subscriptions, focusing on transparency, flexibility and comfort for its customers. Subscribers can choose a vehicle online and have it delivered to their home. <<<