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.
Factoring especially for commercial and smaller enterprises with a yearly turnover of EUR 150,000 and more. Assumption of bad debt risk to 100%, financing and takeover of receivables management, including reminders, collection service and litigation.
The classical factoring scheme, with assumption of bad debt risk to 100%, financing and takeover of receivables management, including reminders, collection service and litigation .
Factoring with assumption of bad debt risk to 100%, financing including collection and litigation, but without taking over receivables management or collection service.
Factoring with assumption of bad debt risk to 100% plus collection service and litigation, but without financing. If required, also takeover of receivables management, including collection service.
Factoring without disclosure of receivables assignment at a particular cut-off day, with financing and assumption of bad debt risk to 100%, with respect to debtors with high creditworthiness .
Factoring with financing of purchase-price payment plus takeover of debtor risk for the supplier. The initiator of the collaboration is the debtor, the purchaser of the receivables is Deutsche Factoring Bank.