PIRAEUS FACTORING SA
Piraeus Factoring SA, 100% subsidiary of Piraeus Group, was founded in 1998 and is a member of the international organization Factors Chain International (FCI), which collaborates with the most important factoring organisations abroad, and of the Hellenic Factors Association.
The company provides services that cover the entire range of domestic and exports Factoring to businesses
, by funding their receivables and ensuring effective management and constant evaluation of the solvency of existing or new partnerships, as well as providing insurance coverage of credit risk.
It is noteworthy that Piraeus Factoring received the first prize at the annual FCI conference – which is attended by 252 Factoring companies from 67 countries- as the company with the Best Service Quality Improvement in exports Factoring.
Piraeus Factoring’s main field of activity is receivables brokerage and facilitates the contractual relationship between the broker and supplier whereby the supplier sells the factor partial or total receivables from their debtors. In this framework, the following products and services are offered:
- Domestic Business Factoring
- Piraeus Pre-Collections
- International Factoring
- Retail Factoring