Deutsche Factoring Bank offers its clients individual solutions, tailor-made to their needs.
Our product range covers Comfort-Factoring as well as specific solutions for corporate groups.
As one of the market and quality leaders in our industry, we have designed our products to meet our clients‘ requirements. From an annual turnover of EUR 150,000 we already offer a collaborative partnership based on attractive terms.
Factoring is a many-sided financial service, increasingly used by medium-sized enterprises in trade, industry and the services sector.
Factoring means the purchase of accounts receivable resulting from the sale of goods and services. As a factor we purchase our clients‘ receivables due from their buyers (debtors) and pay the agreed purchase price on the same day.
Factoring serves to provide short-term financing of turnover and 100% protection against bad debts; factoring also includes professional accounts receivable- and risk management. By virtue of the last two services in particular factoring means something different for the client compared to pure bank loans.
Through factoring a client gains time and financial flexibility. He will improve his position vis-a-vis his suppliers. He will no longer be burdened by long payment-terms or delays in payment.
We have a tailor-made product for every client in our portfolio.