Fewer companies and banks offer financing in Denmark for, among other things, washing machines, glasses, and electronics. This is due to stricter requirements for lending activities in Denmark, it is said. (Archive photo). Photo: Mads Claus Rasmussen/Ritzau Scanpix
Sales finance providers close in droves in Denmark
Recent tightened lending requirements in Denmark have caused several “buy now, pay later” sales financing providers to close, as the business is no longer profitable. Spar Nord Bank (SparXpres), Nordea Sales Finance, Express Bank, and Santander have wound down their Danish operations. This...
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