There are very few factoring companies in France (25 at the end of 2000), and the five main players in the sector took on 46.2bn in bills last year, representing more than 80% of total volume.
The country's two leading factoring groups are FactoFrance Heller, which registered net profit of 44.2m and dealt with 16.2bn in accounts receivable last year, and Eurofactor, which generated turnover of 15.31bn for 17.8m in net profit.
Source: Les Echos
