SOCIETE GENERALE Factoring products, services and reviews

About SOCIETE GENERALE Factoring

Société Générale Factoring is the receivables-finance arm of the Société Générale group that provides invoice discounting, domestic and cross-border factoring, export and import factoring, reverse factoring (supply chain finance), credit protection and collections services to corporate and SME clients; operations are delivered through the bank’s international network and integrated with broader cash-management and treasury offerings for clients that require a single-provider relationship. Contracts typically involve assignment of receivables, with pricing made up of a discounting margin, service fees and, where relevant, credit-insurance or guarantee charges; options for recourse and non-recourse structures are offered depending on debtor creditworthiness and market coverage. Risk management focuses on debtor credit assessment and concentration limits, and the firm can combine in-house credit checks with third-party insurance where available; funding volumes, advance rates and eligibility criteria vary by country, sector and the credit profile of the buyer base. Documentation and operational requirements follow standard factoring practice—notification or non-notification, KYC on both client and assigned debtors, and regular reporting—so onboarding can involve legal review and minimum volume thresholds that may be restrictive for very small businesses. As part of a regulated bank, the factoring business is subject to French and European banking and financial-services regulation, which affects reporting, capital treatment and customer protections; clients should expect contractual ties to the parent bank and inherited governance processes. Potential trade-offs for users include relatively higher costs and administrative requirements compared with some fintech receivables financiers, offset by access to established banking credit lines and multi-country operational capability; suitability therefore depends on client size, target markets, tolerance for contractual complexity and need for integrated treasury services.