SOCIETE GENERALE Factoring products, services and reviews

Rating, reviews, address, contact info, branches, phone numbers, fixed deposits, savings and card accounts offered by SOCIETE GENERALE Factoring

Special offer
Protected up to €100K
Free maintenance
Up to

3.80%

Annual fee

Free

Cashback

No

Interest rates up to 3.80%

Open and manage directly on PickTheBank Platform

Terms from 3 months to 5 years

Annual interest payments

Protected by Deposit Guarantee System up to 100.000 EUR

bank1166FR

SOCIETE GENERALE Factoring

0.0

France

Credit ratings

Deposit Guarantee Scheme (DGS)

Deposit Guarantee Scheme (DGS) member. Deposits up to €100k per person are covered

S&P

-

Moody’s

-

Fitch

-

About SOCIETE GENERALE Factoring

Société Générale Factoring provides receivables finance solutions including domestic and international factoring, invoice discounting, supply chain finance (reverse factoring), and programs structured around the purchase of trade receivables. It typically acquires B2B invoices under the French Dailly assignment regime or equivalent legal frameworks, advances a portion of eligible receivables, manages collections, and can include insolvency risk coverage on approved debtors. Facilities may be set up with or without recourse, with advance rates commonly in the 80–95% range; a reserve is retained to cover credit notes, disputes, and potential dilutions and is released upon debtor payment. Pricing usually combines a discount margin over a reference rate on funds in use, a factoring commission based on assigned turnover or outstanding, and ancillary charges such as set-up, due diligence, audit, debtor check, minimum usage, and termination fees; agreements often include minimum annual volume commitments and notice periods. Supply chain finance programs provide early payment to suppliers against buyer-approved invoices, with fees allocated according to program design. International coverage is supported through the bank’s network and correspondent factors for local collections and risk management; export solutions can include coverage of commercial and, where applicable, political risks up to approved limits, with multi-currency processing. Onboarding involves KYC, financial statements, customer listings, and invoice data; eligibility criteria address invoice quality, debtor creditworthiness, sector and country limits, concentration caps, and documentation standards. Operationally, clients transmit invoice files, notify debtors of assignment where required, reconcile chargebacks, and monitor availability via reporting interfaces. The offering targets companies from SMEs to large corporates with recurring B2B receivables and extended payment terms; businesses with high dilution, complex contract-based billing, or significant disputes may face tighter eligibility and lower advance rates. Key considerations include total cost vs. alternative bank lines, the effect of notification on buyer relationships, reserve mechanics, and the dependence of non-recourse coverage on approved debtor limits.

SOCIETE GENERALE Factoring Deposit guarantee scheme participation

SOCIETE GENERALE Factoring participates in the deposit guarantee scheme of France which applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR (or equivalent in local currency) per bank per depositor.

SOCIETE GENERALE Factoring Countries of operations

SOCIETE GENERALE Factoring offers their savings products in

Products offered by SOCIETE GENERALE Factoring and interest rates

SOCIETE GENERALE Factoring offers 0 deposits and 0 savings accounts in .

Best interest rates in France

12 mths Fixed deposits

3.3%

USD

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24 mths Fixed deposits

2%

EUR

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36 mths Fixed deposits

2%

EUR

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00

Loans offered by SOCIETE GENERALE Factoring

There are no products yet

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0

Bank identifiers

BIC number

SGFFFRPP

Name

SOCIETE GENERALE Factoring

Country

France