Factoring, more and more called "trade commercial finance" nowadays, offers three services which can be bought separately or combined i.e.

• Debtor management whereby the factor takes care of the entire dunning procedure and possibly the coordination of the collection of the debts. 

• The transfer of the insolvency risk on the debtor. 

• Prefinancing whereby the factor is prepared to advance up to 90% of the outstanding debts to the supplier.

Factoring is at the same time simple and complex.

• Simple because the factoring company takes over your entire debtor management, including the debtors' accounts.

• Complex because most factoring contracts contain quite a bit of "small print" the scope of which is not always judged at its right value when signing the factoring agreement.  Expert guidance is certainly no superfluous luxury.

Trade Insure offers good advice and knows all major players on the Belgian market:

• Dexia Commercial Finance

• Eurofactor

• Fortis Commercial Finance

• ING Commercial Finance

• KBC Commercial Finance