BNP Paribas Factor, a subsidiary of BNP Paribas specialised in receivables management, is the first french factoring company certified ISO 14001
for its activities and its three operating locations.
This certification demonstrates BNP Paribas Factor's commitment to control the effects on the environment of its activities. It recognises its efforts to reduce their impact by cutting down on paper and consumables consumption, controlling CO2 emissions via suitable transport and communication policies, and recycling waste. This compliance with environmental regulations also means building awareness by briefing and training all the company's employees.
As part of a continuous effort to improve the quality of its services and innovation to meet its clients' needs, BNP Paribas Factor has launched a community and environmental approach to round out the recognition of its quality processes and the professionalism of the services it supplies. BNP Paribas Factor has also won the renewal of the 2008 version of its ISO 9001 certification.
These certifications cover all of BNP Paribas Factor's French, export and multi-domestic factoring services and activities:
- Financing of trade receivables and payables
- Invoice management and back-up securitisation servicing
- Guarantees against customer insolvency
- Reminders and collection of receivables
They guarantee a standard of offer quality that meets all needs for financing and outsourcing the management of receivables and payables for companies of all sizes in most sectors of activity, from independent professionals to multinationals. BNP Paribas Factor
, a wholly-owned subsidiary of the BNP Paribas Group, is a major player in the French factoring market with more than €13.5 billion in receivables purchased in 2008, over 40% more than in 2007.
BNP Paribas Factor works alongside its clients outside France, for both exports and imports, either directly within the framework of the BNP Paribas Factoring Network (BNP Paribas Factor France, BNP Paribas Factor Portugal, BNP Paribas Factor Spain, Ifitalia in Italy, TEB Faktoring in Turkey and BMCI in Morocco) or via the Factors Chain International (FCI) network that brings together 244 factoring companies in 65 countries, and the International Factors Group (IFG) network with 100 factoring companies in 50 countries).