About the product

Non-recourse factoring is a service in which apart from obtaining financing, settlement and collection of receivables from domestic counterparties the Bank offers to your company the taking over of the risk of the counterparty's repayment default. For counterparties reported by you, the Bank establishes individual limits (under the overall limit granted to your company) up to which the Bank takes over the risk even up to 100% of the receivables' nominal value. Settlements within the factoring agreement can be carried out in PLN as well as in foreign currencies.


  • Access to financing without additional collateral.
  • Disbursement of even 100% of the invoice amount at the beginning of receivables financing.
  • Protection against risk of payment delay as well as insolvency of the counterparties.
  • Increase of security of the business thanks assessing the financial standing of counterparties.
  • The Bank takes over activities connected with the monitoring and claiming of receivables.
  • 24/7 access to WEB Faktor application provided to you by the Bank, that support making online factoring transactions and control of the settlements' status at no additional cost.



Channels of access to product information


Wherever you are, with internet access, you can check account balances and history on a 7/24 basis, also viewing information concerning other products i.e.: cards, loans, guarantees and letters of credit, standing orders or term deposits.
At any time, in a safe and convenient way, using a functional internet application WEB Faktor, you may register invoices, check factoring settlements' status and generate reports showing status of given receivables.

Corporate branch

Get detailed information about Bank Millennium products by contacting Advisors in the Corporate Banking network.

Contact with Advisor

By phone

Our Consultants will provide you with detailed information and will carry out your instructions. 

801 31 31 31
line available for fixed-line and mobile calls

Related products

Current account

Effectively manage financial flows in a company and benefit from the Bank's comprehensive product range.

Current account overdraft facility

Adjust incomes on your account to have money to cover various payments connected with the day-to-day operation of your business.

Working capital loan

Get extra funding to cover liabilities resulting from financing working assets.

Revolving loan

Get additional money to pay your suppliers even more efficiently and be prepared for unexpected business expenses.

Export letter of credit

Ensure that your counterparty does not resign from the agreement.