Maturus Finance supports agricultural machinery portal E-FARM
E-FARM, a trading platform for used agricultural machinery, handles transactions worldwide. For further growth, the Hamburg-based startup brought the bank-independent financing company Maturus Finance GmbH on board. This enabled the purchase of additional agricultural machinery and equipment.
Need already recognized in 2015
Founder and CEO Nicolas Lohr recognized the potential of an international and digital trading platform for used machinery and equipment from the agricultural sector in 2015 already. The existing options at that time were characterized by non-transparent prices, trading difficulties and in some cases even fraud.
The company now has 60 employees from more than 25 nations at its Hamburg location. The team looks after both sellers who are looking for sales channels and buyers who need a suitable product. The search mask on the platform can be used to search specifically for a certain machine type, manufacturer, model, year of manufacture, horsepower and price range. In addition, the digital business model includes other IT solutions such as the SmartTrade app for sellers. E-FARM has thus developed into a global community of buyers, sellers and over 1,000 partner traders.
