Deutsche Factoring Bank works as the centre of expertise for factoring within the Sparkassen Finance Group. With our experience, gained over 40 years, we offer a maximum of individual expertise in providing solutions for every aspect around receivables management and receivables financing – for small and medium-sized enterprises, too. With modular service packages for financing, bad debt protection and receivables management, we help and support clients from more than 50 sectors of trade and industry.
Image source: Carsten Heidmann
Factoring competence centre with tradition
With the acquisition of shares in Deutsche Factoring Bank by Deutsche Leasing in 2016, the factoring activities of Universal Factoring, which was already part of the Deutsche Leasing Group, and Deutsche Factoring Bank were merged under the umbrella of Deutsche Leasing.
As a financial institution we are subject to the strict provisions of the German Credit and Loans Act (KWG) and to supervision by the German Financial Services Authority (BaFin).
Our network for even more expertise
We are a member of the German Factoring Association and of Factors Chain International, the world’s leading association of Factoring companies, with over 400 members in 90 countries. We are also a shareholder in S-CountryDesk, the international network of the Sparkassen Finance Group.