Finance your growth by strengthening your financial stability.

Flexible, scalable and competitive, receivables financing is far more than a cash management tool: it is a strategic lever for managing working capital, securing cash flow and optimising the balance sheet.

Fibus designs and structures tailored factoring programmes adapted to your growth challenges and group strategy, in France and internationally.

+1,650 companies supported | 42 countries covered | €49bn of receivables financed in 2025

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Why is receivables financing a growth lever?

When properly structured, receivables financing becomes a strategic lever for liquidity,
balance sheet optimisation, and accelerated growth.

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An immediate driver of liquidity

  • Fast conversion of customer receivables into available cash
  • Acceleration of the cash conversion cycle
  • Reduction of short-term banking pressure
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A working capital management tool

  • Stabilisation of cash flows
  • Improved cash predictability
  • Securing of receivables management
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A strategic lever

  • Organic or external growth
  • LBOs and private equity transactions
  • Carve-outs and restructurings
  • International expansion
  • Optimisation of financial ratios

Receivables financing, a tool that adapts to all business contexts.

From growth to restructuring, receivables financing adapts to every stage of the business lifecycle.

It helps reduce debt, improve financial ratios and support performance, both in France and internationally.

Fibus helps you structure the most efficient financing solution based on your strategic priorities.

Growing companies

Finance your growth while securing your cash flow and preserving your financial ratios.

• Finance external growth transactions
• Support organic growth and new projects
• Secure working capital financing
• Complement or diversify existing bank facilities

Companies with high working capital needs

Immediately release cash, reduce your DSO and absorb peaks in activity without increasing bank debt.

• Finance operating cycles and absorb working capital peaks
• Reduce DSO and accelerate collections
• Improve visibility on forecast cash flow
• Preserve existing bank credit lines

Private Equity and LBOs

Improve portfolio liquidity, protect covenants and optimise consolidated financial performance.

• Finance organic or external growth of portfolio companies
• Increase the financial autonomy of LBO-backed companies
• Preserve consolidated financial ratios
• Support negotiations with banks and factoring providers

Carve-outs and spin-offs

Secure cash flow from the very start of the separation and rapidly enable financial autonomy for the new entities.

• Set up fast, stand-alone financing
• Secure receivables during the separation phase
• Ensure cash flow continuity
• Support the financial structuring and reporting of the new entities

International

Stabilise operations, restore the confidence of financial partners and regain flexibility on the balance sheet.

• Access a financing facility adapted to each country
• Harmonise conditions across subsidiaries
• Refinance all or part of existing debt
• Centralise cash management
• Optimise the balance sheet through off-balance-sheet factoring

Special situations and restructuring

In times of stress or restructuring, receivables financing immediately secures cash, stabilises operations and restores financial flexibility.

• Obtain immediate and secured financing
• Refinance short-term debt
• Restore confidence with financial partners
• Optimise the balance sheet structure

Your financing deserves a structured approach.

Let’s identify the levers that help optimise your working capital, strengthen your financial ratios and size your financing in line with your growth.

The strategic and financial benefits of receivables financing

Beyond short-term financing, receivables financing is a strategic lever.
It strengthens the financial structure, improves ratios and increases financing autonomy, both in France and internationally.

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Released financing

Gain immediate access to the liquidity needed to accelerate your projects.

• The largest short-term financing solution: up to 95% of receivables
• Equivalent to an average two months of additional liquidity

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Confidence

Strengthen your financial solidity and credibility with your partners.

• A sign of trust for banks
• A stable and sustainable source of financing
• Resilience in the event of changes in ownership

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Flexibility

Adapt your financing to your business activity and growth cycles.

• Tailored solutions covering all or part of your receivables
• Adjusts to fluctuations in activity
• Uncapped financing capacity

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Cost

Benefit from competitive financing proportionate to your needs.

• The best cost-to-financing ratio among short-term financing solutions
• Margin over Euribor between 1% and 2%

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Derecognition

Optimise your financial ratios and strengthen your balance sheet.

• Improvement of financial ratios
• Compatibility with IFRS standards & local GAAP standards

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Accessibility

Access a stable and sustainable financing solution, regardless of your situation.

• Available to companies of all sizes and financial profiles
• Credit lines confirmed for up to 5 years

Your financing doesn’t stop once it is set up.

Discover how Fibus activates credit insurance levers and digital monitoring to sustainably optimise your financing.

What our clients say

International receivables financing: €30m raised and improved conditions beyond the historical banking pool

Thanks to Fibus’ expertise and a tender process involving leading factoring and credit insurance providers, the company was able to:

  • Secure a sustainable financing solution: a €30m facility covering France, Italy and Spain, with a rapid extension planned to Benelux and the United Kingdom.
  • Improve financing conditions by obtaining more competitive rates from a new bank outside its historical banking pool.

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France

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Our mission: to make factoring simple, fast and sustainable, across Europe.

For over 20 years, Fibus has supported finance departments and investment funds in structuring and optimising their factoring programmes across Europe and internationally.

1,650 companies | 40 countries covered | 40+ financing partners

As an independent specialist with a 100% receivables financing DNA, Fibus is involved at every stage of the project: assessing financing potential, running tenders with factors, negotiating contractual terms, and continuously optimising the solution.

Our teams combine in-depth knowledge of the European factoring market, expertise in complex environments (LBOs, international operations, restructurings), and a structured approach that enables companies to secure financing truly aligned with their growth ambitions.

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Want to go further?
Discover more insights and case studies
on financing and customer risk management.

Reverse Factoring: breaking through the ceiling

Factoring

A strong adopter of traditional receivables financing, France continues to lag in the uptake of reverse factoring. The rollout of e-invoicing could, however, be a game changer. Céline de Barros, receivables financing consultant, shares her insights on reverse factoring.

How can receivables financing be activated more effectively?

Credit insurance
Digital solution
Factoring

With €435 billion of receivables under management in 2025, receivables financing continues to confirm its pivotal role in funding French corporates. Thibaut Robet, Managing Director of Fibus, assesses the current constraints and outlines potential levers for improvement.

How Chimirec optimised its receivables financing with ARI Trade

Digital solution

With ARI Trade, the Chimirec Group has reduced its receivables financing management workload from 4 days to 1.5 days per month - equivalent to a saving of 30 days per year. Other benefits highlighted by Chimirec’s CFO include an improvement in working capital, a consolidated view of its 15 receivables financing agreements, and enhanced traceability of outstanding receivables.

The Credit Manager: a decisive driver of receivables financing performance

Credit insurance
Digital solution
Factoring

Receivables financing is the tool; the Credit Manager is the one who makes the programme truly perform. Discover the interview with Thibaut Robet, Co-founder of Fibus, and Marc Chaquès, Director of Fibus Trade, published in AFDCC magazine Fonction Credit.

Accounts receivable: a strategic financing lever

Credit insurance
Digital solution
Factoring

Financing, securing and managing the receivables book: an essential threefold approach in an increasingly volatile environment. Fibus’ integrated model, combining receivables financing, credit insurance, and digital solutions, represents a unique specialism in Europe. The objective: supporting growth while strengthening corporate resilience.

How the Credit Manager secures corporate cash flow

Credit insurance

Le Credit Manager ne se limite plus à prévenir le risque d’impayé : il agit comme un chef d’orchestre du poste clients, pour garantir à l’entreprise une trésorerie saine, prévisible, et activement pilotée. Entretien avec Thibaut Robet, DG de Fibus, conseil spécialisé dans la gestion du poste clients.

AI is reshaping receivables financing

Digital solution
Factoring

Maxime Bertin, Deputy Managing Director of Fibus, shares his vision of a more agile, more precise and more accessible form of receivables financing thanks to artificial intelligence. By enhancing the analytical capabilities of factors, AI is expected to bring greater flexibility and higher value-added services to corporate clients.

Receivables financing as a lever for LBO structures

Credit insurance
Digital solution
Factoring

Receivables financing is off-balance sheet treatment / derecognition of receivables, uncapped, quick to implement and cost-efficient - making it a highly effective financing solution to support the growth of LBO-backed companies. For over 20 years, Fibus has been advising private equity funds across France, the UK, Germany and the US. Today, 4 out of 5 transactions completed are for LBO-backed portfolio companies.

How can credit insurance support growth in a stressed industry sector?

Credit insurance

Economic headwinds are intensifying and weighing more heavily on certain sectors: how can the Credit Manager be turned into a true business partner supporting corporate growth? Discover the experience shared by Haddad Brands Europe in this webinar, organised in partnership with AFDCC.

Factoring: a strategic reflex for Private Equity funds

Factoring

In this interview with Figaro Partner, Maxime Bertin, Deputy CEO of Fibus, explains why factoring has become an increasingly attractive financing lever for Private Equity funds in a more selective market environment.

ARI Trade for factoring: unlock 100% of your financing potential!

Digital solution

Sacha Benibri and Santiago de Kergommeaux, Sales Managers at Fibus Digital, presented ARi Trade during the AFTE | Treasury Innovation Day, showcasing how the solution transforms factoring into an even more powerful cash management lever.

The evolution of factoring over time

Factoring

20 years of factoring in just 10 minutes! By 2025, factoring had become the leading short-term financing solution for companies in France, offering tailor-made funding solutions to SMEs, mid-sized businesses and international groups looking to finance and secure their operations.

Factoring: making working capital finance accessible to SMEs

Factoring

Simpler, more flexible solutions… Factors are developing new offerings designed to meet the needs of smaller businesses. Discover how simplified factoring solutions are making receivables finance more accessible to SMEs and micro-businesses.

How to choose the right factoring solution

Factoring

Traditional or fintech, standardized or tailor-made… here are some key guidelines to help navigate the wide range of factoring solutions available. Discover the different financing options offered through factoring.

Private Equity: why factoring must be anticipated

Factoring

Cheaper, more flexible, and more efficient: factoring remains the most attractive short-term financing solution. To fully leverage its potential, it should be assessed early in the process. This allows shareholders to define their objective from the outset - whether funding organic or external growth, or upstreaming dividends.

What is the role of innovation in factoring?

Digital solution
Factoring

Thibaut Robet, Managing Director of Fibus, presents his vision of innovation based on artificial intelligence in factoring and credit insurance. What do we expect from innovation, particularly at Fibus Digital? How will credit managers and finance teams be impacted?

Undisclosed factoring: the appeal of discretion

Factoring

Undisclosed factoring: the art of getting invoices financed without anyone knowing. Romain Chaufour presents the objectives, benefits, and specific features of this financing solution.

Fibus on the BFM TV program Décryptage with Stéphane Pedrazzi

Digital solution
Factoring

The Chief Executive Officer and the Head of Factoring at Fibus discuss factoring as a financing solution for business growth, the market’s potential, the implementation of factoring agreements, Fibus’s differentiating digital solutions, and the cost of factoring.

Factoring: fast cash, but under conditions

Factoring

Factoring is becoming easier to set up and relatively low-cost, allowing companies of (almost) all sizes to turn customer invoices into cash flow. Gaëtan du Halgouët, Managing Director of Fibus, explains the objectives, advantages, and specific features of this financing tool.

Fibus: its business activities, mission, and objectives

Factoring

In the BFM Business interview, Thibaut Robet, co-founding partner of Fibus, discusses the company’s three core businesses dedicated to corporate financing, its international development, and its new digital solution ARI.

Factoring in the context of COVID-19

Factoring

The recent discussions we have had with our clients, as well as with their shareholders, have raised three recurring questions. We would like to share the answers to these questions with you.

Private Equity portfolio companies and factoring

Factoring

The partners of Fibus explain why factoring is gaining momentum in M&A environments, thanks to the advantages of this type of financing, which supports companies’ growth trajectories.

Credit insurance: What is it for? Who is it for?

Credit insurance

As a tool that covers the risk of non-payment from customers to whom a company grants payment terms, credit insurance plays several roles. Discover them in this article.