Receivables management and factoring
Strengthen your working capital
- Data-driven receivables management
We contact your debtors at the right time and through the right channel so they pay their overdue invoices quickly.
- Financing
Flexible advance financing of 75% to 85% for your outstanding invoices. - Insolvency risk cover
If a debtor doesn’t pay you or goes bankrupt, you’ll receive up to the full amount of your invoice.
Factoring: receivables management with finance
Optimising your working capital requires careful monitoring of your debtors. That takes time and energy. KBC Commercial Finance’s factoring service is an effective way of dealing with this.
When KBC Commercial Finance provides this service, it takes over your accounts receivable management for you, and you are also able to take out advances on your outstanding invoices.
We make things easy for you with our web-based ComFin Touch app, which lets you send us details of the issued invoices online. If required, we’ll then immediately provide you with an advance payment of up to 85% of the amount on the outstanding invoice.
The benefits of factoring
- Lower financing costs compared to conventional short-term loans
- No extra guarantees
- No financing ceiling
Receivables management support
- Matching incoming payments to invoices via CODA file
- Lower variable costs than your fixed wage costs
- Processing continuity
- Optimal monitoring on a customised basis
- No language barriers
- Clear feedback
Insolvency risk cover
- Full cover for invoices within the approved insurance limits
- Efficient payment after 100 days with minimal admin
- Continuity, profit and liquidity no longer dependent on the financial quality of your debtors
Why outsource your receivables management?
Outsourcing your receivables management will improve your customers' payment behavior and strengthen your liquidity position. Meanwhile, you can focus on your core business.
KBC provides complete receivables management, from A to Z. Our approach is always tactful and professional so that your commercial relationship remains intact.
Based on historical data, we determine the best time and the appropriate channel to contact your defaulters. This way they pay overdue invoices faster and you have more working capital and fewer costs and worries.
Interested in factoring?
If you’d like to know more about factoring, your relationship manager will be happy to help.