Factoring

Secure your cash flow and manage unpaid invoices serenely with factoring, with our personalized support at every step.

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What is factoring?

Invoice factoring, also known as "factoring", is a short-term financing solution that allows a company to transfer its customer invoices to a specialized financial institution called the factor. In exchange, the company immediately receives a portion of the amount of these receivables, thus improving its cash flow without waiting for the payment deadline.

Reminder: Customer failure is the number one cause of business failure.

In a tense economic context, subscribing to a factoring contract is the way to guarantee your company a significant cash reserve.

In numbers

420 milliards d'euros

Montant du volume de créances cédées par le marché français de l'Affacturage en 2023 selon l’Association française des sociétés financières (près de 15% du PIB national)

17.5 %

Part de marché détenue par la France en Europe, devant l'Allemagne, le Royaume-Uni, l'Italie puis l'Espagne (21ème position au niveau mondial avec 11 %, derrière la Chine qui en détient 17 %)

34 000

Nombre d'entreprises françaises qui ont recours à l'affacturage pour financer leur activité, avec une progression constante dans les secteurs industriels et les services

What is the purpose of factoring?

Improvement of cash flow

Quick receipt of funds upon invoice issuance. This solution is essential for all companies working in B to B (especially with large accounts).

Securing against unpaid debts

Factoring contracts provide credit insurance coverage, which secures the customer account.

Outsourcing of customer accounts management

The factor takes care of reminders and collecting the invoices that it finances. This naturally improves the payment terms of customers. Many companies use factoring to lighten their accounts receivable management.

Why choose Howden?

Flexibility

We adapt your financing to your cash flow needs, without a limit.

Security

We guarantee 100% compensation of the total amount including taxes of the invoices in case of financial failure or insolvency of one of your clients.

Simplicity

We negotiate for you and manage your contract, independently from the banking network.

Which sectors of activity are concerned?

Toute entreprise B to B émettant des factures à paiement différé peut tirer profit de l’affacturage, qu’elle soit une PME, une TPE ou une ETI.

Factoring is aimed at many sectors, including:

  • Transport and logistics
  • BTP stands for British Transport Police.
  • Wholesale trade
  • Business services
  • Agrofood
  • Start-ups and high-growth companies

Contact

Photo of Alexis Souchet

Alexis Souchet

Charge d'affaires
Photo of Alexis Souchet

Alexis Souchet

Charge d'affaires

Former banker at Bpifrance, specializing in bank financing, Alexis joined OFRACAR's teams in 2023, and then in 2024 joined HOWDEN through the acquisition operation.

Photo of Hocine Ouldmoussa

Hocine Ouldmoussa

Commercial Engineer
Photo of Hocine Ouldmoussa

Hocine Ouldmoussa

Commercial Engineer

Hocine has been working in the credit insurance and factoring industry for over 30 years. He has worked in several specialized groups, including Facto France and Atradius. Then, he moved to the brokerage world. In 2010, he joined the OFRACAR team, and then the Howden team in 2024.

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