SpareBank 1 Factoring AS is a specialized finance company wholly owned by SpareBank 1 SMN and part of the broader SpareBank 1 Alliance. The company's core business is to improve the liquidity and simplify the financial administration for small and large businesses across Norway. They achieve this by offering factoring services, which involve purchasing and financing client invoices, managing reminders, and handling debt collection. This allows businesses to receive payment for their receivables immediately, ensuring a stable cash flow and reducing administrative burdens.

Founded in

Norway