Activ Factoring AG

What Activ Factoring AG does

Activ Factoring AG is a Munich-based German factoring company (Aktiengesellschaft) that has operated for 20 years in the receivables financing sector, serving what the company describes as "dynamic companies" — typically German Mittelstand businesses needing working capital, protection against bad debts, and balance-sheet optimization. The company purchases open receivables from its customers and advances up to 90% of the invoice amount immediately, with 100% protection against debtor default (Delkredererisiko). It is a wholly-owned subsidiary of Raiffeisenlandesbank Oberösterreich, an Austrian regional bank, and operates within the broader Raiffeisen group network in Germany alongside Raiffeisenlandesbank Niederlassung Deutschland and Raiffeisen-IMPULS-Leasing Deutschland.

The company offers five core product variants designed to be configured per customer: Full-Service Factoring (end-to-end receivables management including dunning and accounting), Inhouse Factoring (self-managed receivables with factor support), Ausschnittsfactoring (selective factoring of specific invoices), Offenes Factoring (open, debtor is notified), and Stilles Factoring (confidential, debtor is not notified). Service is delivered through a dedicated customer portal (afonline.af-ag.de) and direct personal consultation. The underlying technology stack is conventional — a factoring platform for accounts receivable financing — with no proprietary AI or automation features disclosed; the differentiation is service-led rather than technology-led.

The business model is transaction-fee based: Activ Factoring generates revenue from factoring fees charged on the volume of receivables purchased, with pricing negotiated individually based on customer profile and transaction volume. GTM is sales-led and relationship-driven, with 16 employees supporting direct advisory and consulting. The company does not publish pricing and does not disclose revenue, transaction volume, or customer counts. No named customer logos, no certifications, no patents, and no public funding are present in the available data.

Name

Activ Factoring AG

Legal name

activ factoring AG

Website

https://af-ag.at

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Activ Factoring AG is a Munich-based, 20-year-old receivables financing company that purchases open invoices from German Mittelstand businesses, advancing up to 90% of the invoice amount with full default protection. It is a wholly-owned subsidiary of Raiffeisenlandesbank Oberösterreich.

Ownership category

akta.pro rank

Product category

Receivables Financing / Factoring Services

NAICS

Credit Intermediation and Related Activities (522), Sales Financing (522220)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Invoice Financing & Factoring (FSAKAGAC)

akta.pro secondary industries

Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD), Invoice Financing, Factoring & Receivables Management (FSAGAJAB)

Keywords

• Receivables financing
• Factoring services
• Accounts receivable management
• Liquidity solutions
• Working capital financing

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Factoring Services: Companies sell their open receivables/accounts receivable to Activ Factoring AG and receive an immediate advance payment of up to 90% of the invoice amount. The company generates revenue through factoring fees charged on the transaction volume of receivables purchased.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Activ Factoring AG purchases open receivables from businesses and provides an immediate advance payment of up to 90% of the invoice amount, giving clients continuous liquidity. The company offers five factoring variants — Full-Service Factoring, Inhouse Factoring, Ausschnittsfactoring (partial factoring), and open or silent (confidential) factoring — with 100% default risk protection (Delkredererisiko) and balance-sheet optimization through balance shortening.

Product overview

Activ Factoring AG offers a comprehensive suite of receivables financing solutions through five distinct product variants. The core offering centers on Full-Service Factoring for complete accounts receivable management, supplemented by Inhouse Factoring for self-managed receivables with support, and Ausschnittsfactoring for selective factoring of specific invoices. The company also provides two disclosure models: Offenes Factoring (open, where debtors are notified) and Stilles Factoring (confidential, where debtors remain unaware). All products include up to 90% immediate payment on sold receivables and full protection against default losses.

Differentiator

Problem solved

Functional benefit

Products and services

• Full-Service Factoring Comprehensive factoring solution for businesses that includes full receivables management: debt collection, accounting, dunning, and 100% protection against bad-debt losses (Delkredererisiko). Customers receive up to 90% advance payment on sold receivables.
• Inhouse Factoring Factoring solution in which the client manages its own receivables internally, supported by Activ Factoring AG. Allows companies to retain control over customer communication while still receiving liquidity advances.
• Ausschnittsfactoring (Partial Factoring) Selective factoring service that allows businesses to factor only specific receivables or defined portions of their accounts-receivable portfolio rather than all invoices.
• Offenes Factoring (Open Factoring) Open factoring arrangement in which the debtor is informed of the assignment of the receivable to Activ Factoring AG. Provides full transparency to the customer of the seller and is typically combined with full default-risk protection.
• Stilles Factoring (Confidential/Hidden Factoring) Confidential factoring arrangement in which the debtor is not informed of the receivable assignment, preserving the business relationship between the seller and its customers while still delivering liquidity.

Quantifiable outcome

• Up to 90% of sold receivables advanced immediately as liquidity
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• Raiffeisenlandesbank Niederlassung DeutschlandminorChannel Partner/ Reseller/ DistributorGerman branch of Raiffeisenlandesbank Oberösterreich, part of the Konzern structure.
• Raiffeisen-IMPULS-Leasing DeutschlandminorChannel Partner/ Reseller/ DistributorLeasing partner within the Raiffeisen group offering movable property leasing and commercial real estate leasing services.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• abcfinance GmbH: abcfinance is a German factoring and financing specialist offering full-service and partial factoring to SMEs; comparable product set, German market focus, and bank-affiliated corporate parent.
• Deutsche Factoring Bank GmbH & Co. KG: Deutsche Factoring Bank is a major German specialist factor providing full-service, inhouse, and selective factoring to SMEs and mid-market companies. Direct competitor in product offering, German geography, and SME target customer.
• VR Factorem GmbH: VR Factorem is the factoring company of the German Volksbanken Raiffeisenbanken cooperative financial network, offering full-service and inhouse factoring to German SMEs — the closest direct peer in product, customer segment, and bank-parent structure.
• Bibby Financial Services GmbH: Bibby Financial Services is a UK-headquartered international factor with a strong German operation, offering invoice financing, factoring, and credit management to German SMEs — direct competitor in product, customer segment, and German geography.
• TFS (Tosca Funding Solutions): TFS is a UK-based specialist factor offering invoice finance and factoring to SMEs across Europe, including Germany. Comparable product set and target SME segment with European geographic overlap.

Broad incumbents

• Euler Hermes Factoring: Euler Hermes (Allianz Trade) provides factoring and receivables management services in Germany alongside its dominant trade credit insurance business. Overlapping capability in SME receivables financing, especially with credit insurance bundling.
• BNP Paribas Factor GmbH: BNP Paribas Factor is the factoring arm of BNP Paribas in Germany, offering full-service factoring, receivables management, and credit protection to mid-market and SME clients — comparable products but as part of a global universal bank.
• Coface Finanz GmbH: Coface offers trade credit management, factoring, and receivables financing as part of its broader global trade credit insurance franchise. Overlapping capability in German SME receivables financing but embedded in a much larger credit insurance business.
• SEB Factoring (SEB AB): SEB operates factoring services for German SMEs as part of its broader Nordic bank's commercial finance portfolio. Comparable factoring products but offered as part of a wider banking, lending, and asset management franchise.

Others

• Raiffeisenlandesbank Niederlassung Deutschland: German branch of Activ Factoring's parent bank, providing corporate banking services to SMEs in Germany. Sister entity within the Raiffeisen group; not a direct competitor but a key commercial and referral relationship for Activ Factoring.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/activ-factoring-ag

Revenue estimate

Valuation estimate

Number of profiles

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 Activ Factoring AG