This FAQ section allows you to find answers to the most frequently asked questions with regard to factoring and credit insurance solutions.
Our team of experts regularly update these FAQs to best meet your expectations and needs.
An introduction to factoring
What exactly is factoring?
Who is factoring for?
What is “off-balance sheet factoring”?
What is “recourse” factoring?
This is called “recourse” by the factor against the assigning entity when the company is asked to buy back the invoices previously assigned.
What is factoring “without recourse”?
What is syndicated factoring?
The company assigns its accounts receivables to a factor, referred to as a syndicating “agent”, who in turn assigns a portion of the receivables to one or more factors, known as “participants”. This technique allows the risk to be shared by several factors.
What is a factor?
Who are the key stakeholders on the factoring market?
In France there are around twenty factors, including BN AMRO, Banque Delubac & Cie, BNP Paribas Factor, Bibby Factor France, BPCE Factor, Crédit Mutuel Factoring, Edebex, Eurofactor, FactoFrance, La Banque Postale Leasing & Factoring, Société Générale Factoring, etc.
Rest of Europe: Santander, Caixa, BBVA, Banco Intessa, UniCredit, Deutsche Factoring, Kommerzbank, CofaceFinanz, Danske Bank, ABS Factoring, HSBC, Süd Factoring…