Home Receivables financing: what is it? Types of receivables financing agreements Disclosed non-managed factoring

Disclosed non-managed factoring

Finance your receivables while retaining full control over your accounts receivable management: disclosed non-managed factoring gives companies rapid access to liquidity while keeping responsibility for invoice matching, collections, payment reminders, and debt recovery in-house.

Definition of disclosed non-managed factoring

This financing solution consists of assigning your customer invoices to a factoring company (the factor), which advances funds – generally up to 90% of the invoice amount including VAT. Unlike traditional factoring, your company retains full responsibility for receivables management operations: accounting entries, payment reminders, collections, and debt recovery. The factor grants a delegated management mandate, allowing you to remain the sole point of contact for your customers.

This type of factoring is referred to as “disclosed” because the invoices – also known as “disclosed receivables” – include a notice of assignment stating that they have been transferred to a factor.

How does disclosed non-managed factoring work?

Assignment of receivables

Through a secure online platform, you transfer your invoices to the factor.

Financing within 48 hours

Within 24 to 48 hours, the factor credits the bank account of your choice with a percentage of the assigned receivables.

Customer notification

Each invoice includes a notice of assignment informing your customers that payment must be made directly to the dedicated account linked to the receivables financing programme.

Collections and settlement

At maturity, the factor collects the payments and settles your account after deducting applicable fees (factoring charges and financing interest).

Illustration méchanisme

The benefits of disclosed non-managed factoring

Full control over accounts receivable management

You retain control over the commercial relationship, payment reminders, and debt recovery. Your customers are informed of the involvement of the factoring company but continue to maintain a transparent and privileged relationship with your business.

Immediate cash flow and optimised working capital (WCR)

Fast cash advances reduce your payment delays and improve your working capital requirement (WCR), without adding operational complexity to your day-to-day management.

Flexibility and competitiveness

Implementation is quick, costs remain competitive, and financing is tailored to your operating cycle.

Protection against non-payment

The agreement includes credit insurance, securing your cash flow in the event of customer insolvency.

The Fibus promise: accelerating and simplifying the setup of your disclosed non-managed factoring.

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Frequently asked questions about disclosed non-managed factoring.

Why is disclosed non-managed factoring also called semi-undisclosed factoring?

Disclosed non-managed factoring is also referred to as semi-undisclosed factoring or “home service” because, under this type of agreement, a management mandate is granted to the company, allowing it to retain responsibility for managing its trade receivables.

What is the difference with undisclosed factoring?

In a undisclosed factoring agreement, customers are not informed that invoices have been assigned. In disclosed non-managed factoring, customers are notified of the assignment through a notice of subrogation and pay directly into the factor’s dedicated account.

Who manages reminders and collections?

In disclosed non-managed factoring, your company retains responsibility for payment reminders and debt collection. The factor provides financing but does not handle the operational management of receivables.

Which companies benefit from it?

SMEs looking to strengthen their cash flow while maintaining control over their collections and customer relationships.