RHD Rechnungsstelle

What RHD Rechnungsstelle does

RHD Rechnungsstelle AG is a privately held, Bremen-based Aktiengesellschaft (AG) that provides open full-service factoring services to small and medium-sized enterprises and self-employed professionals across Germany. Founded in 2014 by Christoph Harms as a subsidiary of AS Abrechnungsstelle AG, the company spun off and converted to an independent AG in 2016. It operates a single core product — RHD Factoring — under which clients sell their outstanding invoices and receive payment within 48 hours, while RHD assumes full debtor management, dunning, collection, and default risk. The company serves SMEs with annual revenues between €50,000 and €10 million across trades, commerce, logistics, services, production, and IT/software verticals.

The underlying technology is a factoring and receivables-management platform centered on a customer portal (kunden.rhd-bremen.de) that provides transparent visibility into billing and receivable status. Proprietary capabilities include a 48-hour instant-payout product, end-to-end debtor management, full assumption of default risk, and POSTIDENT/VIDEOIDENT integration for KYC compliance under the German Money Laundering Act. The company is BaFin-registered (BaFin ID: 10143044) and holds a licensed debt-collection registration under §10 Abs. 1 Satz 1 RDG. The technology stack is conventional financial-services infrastructure rather than an AI/data-native platform; no proprietary models, APIs, or SDKs are disclosed.

Revenue mechanics are transaction-based: RHD earns individually negotiated processing fees (Bearbeitungsgebühr) on each receivable plus interest income on advance payments, with a disclosed reference rate of 10.8% annual interest calculated on 100% payout after 45 days, plus a €50 net charge per seizure, set-off, or payment-prohibition event. GTM is sales-led: personal consultation via phone, email, and website-driven scheduling (Meetergo), complemented by a customer referral program (Kunden werben Kunden) and a multi-channel partner network including COMPEON, DIAGONAL Gruppe, Finance Hessen, SALDARIS, and industry associations such as ZVSHK. Distribution is Germany-only with no announced international expansion.

Name

RHD Rechnungsstelle

Legal name

RHD Rechnungsstelle AG

Website

https://rhd-bremen.de

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

RHD Rechnungsstelle AG is a Bremen-based, BaFin-regulated open full-service factor serving German SMEs with 48-hour invoice payouts, full debtor management, and default-risk assumption across trades, commerce, logistics, services, production, and IT.

Ownership category

akta.pro rank

Product category

SME Factoring & Receivables Financing

NAICS

Office Administrative Services (5611)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

ACH Disbursements & Bulk Payout Processing (FSAMAGAF)

akta.pro secondary industries

Direct Debit / ACH Collections & Recurring Billing (FSAMAGAE), ACH Returns, Exceptions & Dispute Management (FSAMAGAI)

Keywords

• Open full-service factoring
• Receivables management services
• SME invoice financing
• Debt collection and dunning
• Instant payout financing

Headquarters

HQ city

Bremen

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Factoring/Bearbeitungsgebühr: Processing fee for invoice management and receivables processing. Fee is stated in individual offers (persönliches Angebot). Additionally charges 50,00 € net per seizure, set-off request, or payment prohibition.
2. Sofortauszahlung (Instant Payout): Advance payment on receivables with interest. Calculated for 100% payment receipt after 45 days at 10.8% annual interest rate. Earns spread on the advance.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

RHD Rechnungsstelle AG provides open full-service factoring for small and medium-sized enterprises and self-employed professionals with annual turnover between EUR 50,000 and 10 million. Companies assign their outstanding invoices to RHD, receive payment within 48 hours, and RHD assumes responsibility for invoicing management, dunning, debt collection, and full default risk. The offering is BaFin-registered and supported by a free customer portal and personal on-site account management.

Product overview

RHD Rechnungsstelle AG operates as a single-product factoring company offering open full-service factoring (RHD Factoring). The service enables businesses to receive immediate payment for outstanding invoices within 48 hours, while the company handles the complete billing management, accounts receivable management, dunning procedures, and assumes default risk. RHD Factoring is positioned for small and medium-sized enterprises and self-employed professionals with annual revenues between EUR 50,000 and 10 million euros, serving industries including trade, services, logistics, and skilled trades.

Differentiator

Problem solved

Functional benefit

Products and services

• RHD Factoring (Open Full-Service Factoring)

Quantifiable outcome

• Payment within 48 hours for outstanding invoices
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• ZVSHK (Zentralverband Sanitär Heizung Klima)coreStrategic or Co-development Partner · 1 January 2016Partnership since 2016 enabling RHD to offer billing services for assistive devices (Hilfsmittel) and home environment improvement measures (wohnumfeldverbessernde Maßnahmen) for SHK trades businesses.
• Intelligence Unit Consulting GmbHcoreStrategic or Co-development Partner · 1 June 2000Since June 2000, provides strategic consulting and problem-solving services for SMEs, including development of business strategies and implementation support.
• HCM (Beratungs- und Beteiligungsunternehmen)minorChannel Partner/ Reseller/ DistributorConsulting and investment companies advising businesses since 1996 on commercial and business economics matters as well as financing questions.
• SALDARIScoreImplementation/ SI/ Consulting PartnerExpert partner for collection and recovery of at-risk receivables, supporting with extensive industry experience in both extrajudicial and judicial dunning proceedings.
• COMPEONminorChannel Partner/ Reseller/ DistributorLeading independent full-service provider for SME financing in Germany. Platform enables companies, advisors, freelancers, and self-employed to find optimal financing solutions with neutral consulting.
• DIAGONAL GruppeminorStrategic or Co-development PartnerHighly integrated processes for payment and receivables management, enabling businesses to fully focus on their core business.
• Finance HessenminorChannel Partner/ Reseller/ DistributorAssociation focused on sustainability, efficiency, and close cooperation. Corporate group supplemented by lawyer, notary, and tax consultant.
• DWPARTNERminorImplementation/ SI/ Consulting PartnerProvides services in development and adaptation of business concepts - from analysis of current situation through strategic planning to implementation.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• TARGOBANK AG: German consumer and SME-focused bank providing financing and factoring-adjacent services. Operates broadly in SME financial services and represents a broad incumbent competitor to RHD's specialized factoring offering.
• Coface SA: Global trade credit insurance and receivables-financing provider with German operations. Overlaps with RHD on receivables management and risk assumption, but operates as a broad incumbent in trade-credit insurance rather than a SME-focused factor.
• Commerzbank AG: Major German universal bank offering factoring and working-capital products to mid-market and SME clients. A broad incumbent with overlapping capabilities but serving a wider customer set and a much broader product portfolio than RHD.

Direct peers

• AS Abrechnungsstelle AG: Former parent of RHD; founded and led by the same CEO (Christoph Harms). Operates in receivables management and billing services with ~220 employees and €1.5B annual billing volume, providing the most direct operational peer benchmark for RHD.
• EOS Group: Europe's leading debt-collection and receivables-management group, part of Otto Group. Overlapping dunning, collection, and default-risk-handling capabilities, with broader product breadth than RHD but a directly comparable receivables-services niche.
• abcfinanz GmbH: German factoring company focused on SMEs and self-employed professionals. Closely comparable target segment, full-service factoring offering, and German-market-only footprint to RHD.
• Decimo Group: German receivables-management and debt-purchasing group offering factoring and collection services. Directly comparable German-market receivables-services specialist with overlapping SME and mid-market customer focus.
• VR Factoring GmbH: Factoring arm of the Volksbanken Raiffeisenbanken cooperative banking group, providing receivables purchasing and financing to German SMEs. Same product, same customer profile, same BaFin-supervised regulatory regime as RHD.
• Deutsche Factoring Bank: German factoring company headquartered in Bremen and majority-owned by Sparkasse Bremen. Offers full-service factoring to SMEs and mid-market — directly comparable product, customer segment, and regulatory profile to RHD.

Regional players

• SEB Factoring (Skandinaviska Enskilda Banken AB): Factoring arm of the Nordic bank SEB with German operations. Provides comparable full-service factoring products in a similar SME/mid-market segment in Germany, with primary franchise in the Nordics rather than domestic German market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rhd-rechnungsstelle-ag

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RHD Rechnungsstelle