Growth Agenda


Factofrance, the leading receivables expert company(factoring, securitization...)  in France develops its expertise for over 40 years for the benefits of companies.


Our business involves:

  • Financing your business activity
  • Handling the management of your receivables (account receivables management and recovery)
  • guarantees against  the risk of non-payment

And because every company is different, we are constantly researching and developing specific solutions adapted to your company´s actual needs.

Factofrance was founded in 1966 and has been under the complete ownership of GE since October 2001. It is a financial company governed by French banking law. With a total consolidated balance sheet of more than 2.3 billion euros, Factofrance ranks among the top one hundred French banks or financial institutions. It owns subsidiaries and entities with some prestigious partners.


Factofrance, your sole independant financial partner :

Factofrance is the only factoring company that is totally independent of banking networks. It gives you greater scope for negotiating your long-term obligations with your traditional financial partners.

Proximity: Factofrance provides dedicated customer service with a representative who works closely with you.

Expertise: With over 40 years' experience, Factofrance has built up expertise in its sector and developed tailor-made factoring solutions adapted to your specific business activity.

Innovation: Factofrance provides individual and innovative solutions like e.f@ctoring, our online factoring product  .

International presence: as part of the GE group and through its specialist export factoring subsidiary Cofacrédit, Factofrance will support your export strategy, wherever it takes you.


High yield partnerships

 

The Factofrance group comprises three independent factors: Factofrance, its wholly-owned subsidiary Factobail, and Cofacrédit, a joint venture with Coface, in which it has a 64% holding.

It also has interests in Factocic, a subsidiary held in partnership with the CIC group, BPC Factor, jointly owned with the Banque Parisienne de Crédit, and Hervet Factor, in which it has joint ownership with Banque Hervet.