Factor

Factor: The customer receivables recovery offer

Immediately have funds related to your invoices at your disposal by outsourcing the recovery of receivables held on your customers

More information

Do you want to find a solution that allows you to optimise your cash flow and compensate for unpaid or late payments from your customers? Do you want to outsource the management of your account receivables?

BANK OF AFRICA's Factor National offer is a comprehensive solution that ensures the management and recovery of account receivables on a national scale, even in the event of a temporary or permanent default of the debtor. By transferring your account receivables to a factor that recovers them and guarantees their successful completion, you ensure the proper management of your cash flow while avoiding the hassle associated with reminders and recovery of your receivables.

You remain serene about managing your cash flow and you can focus on the business relationship with your customers.

4 key benefits

With the transfer of your account receivables to our subsidiary Maroc Factoring, you immediately get the funds corresponding to your invoices, you cover yourself against the risks of unpaid and late payments, and you ensure the solvency of your customers in order to guarantee and sustain the viability of your trade agreements.

Immediate and irrevocable treasury 48 hours after delivery of invoices
A guarantee against the risk of non-payment and late payment (even in case of temporary or permanent default of the debtor)
Reliable information on the solvency of your customers and prospects
No reminder or recovery of receivables to be made

Your questions, our answers

Any company operating on the domestic market and with a large customer portfolio is eligible for this service. However, it is necessary to prove at least one year of activity, a turnover of 2 million dirhams and a sound financial structure.

Please contact your BANK OF AFRICA corporate customer advisor. The latter will analyse your needs with you and will fill out a "contact form" which will be sent to our subsidiary Maroc Factoring for an appointment and then the signing of the factoring contract. You can also contact our customer relations center on 08 01 00 81 00 in order to get answers to your questions.