About VR Factoring
VR Factoring GmbH is the factoring expert within the Genossenschaftliche FinanzGruppe (Cooperative Financial Group) in Germany. As a 100% subsidiary of DZ BANK, the country's second-largest commercial bank, VR Factoring has been providing factoring solutions for over 60 years. The company specializes in developing and implementing receivables purchase and management solutions tailored to businesses' interests. Their core mission is to sustainably increase liquidity and profitability for their clients while ensuring maximum security and predictable financial planning.
The company offers flexible factoring solutions including Full-Service Factoring and Inhouse Factoring, allowing businesses to convert their receivables into immediate liquidity. With Full-Service Factoring, VR Factoring takes over the entire receivables management process, providing up to 90% financing for invoice amounts within 24-48 hours and 100% protection against bad debts. Their services also include silent factoring, open factoring, and Ultimo Factoring for balance sheet optimization. Operating from Frankfurt am Main, VR Factoring collaborates closely with local cooperative banks (Volksbanken and Raiffeisenbanken) to provide personalized consulting and professional solutions with fair conditions.
FAQs
- When was VR Factoring founded?
- VR Factoring was founded in 1960.
- Who is the CEO of VR Factoring?
- Michael Hornischer is the CEO.
- What industries or markets does VR Factoring operate in?
- VR Factoring operates in the following markets: Factoring, Financial Services, Accounts Receivable Management, Business Financing, Banking, Corporate Finance, Liquidity Management, Asset Based Lending, Invoice Financing, and B2B Financial Services.
- How many employees does VR Factoring have?
- VR Factoring has 51-200 employees.
- Where does VR Factoring have employees?
- VR Factoring has employees in Germany.
- Is VR Factoring hiring?
- Yes, VR Factoring has 1 open remote job.
- Does VR Factoring support remote work or working from home?
- Yes, VR Factoring is a remote-friendly company.
- What employee benefits does VR Factoring offer?
- VR Factoring provides 5 benefits to their employees.
- Does VR Factoring offer a four-day work week?
- No, VR Factoring does not offer a four-day work week.
- What is VR Factoring's website?
- VR Factoring's website is vr-factoring.de.
- Where can I find VR Factoring on social media?
- You can find VR Factoring on LinkedIn.
Germany