Contrast

News

Societe Generale Annual Factoring Seminar

Societe Generale Factoring, as the leader of the Business Line*, organized with the participation of Societe Generale Factoring Germany, the 14th edition of the Societe Generale Annual Factoring Seminar. The meeting took place on November 8th, 9th and 10th, and brought together around fifty participants from 20 different countries, on the theme "Sharing Expertise".On the agenda, ...

Read more

Societe Generale wins 11 awards from EMEA Finance and Global Finance

The Global Transaction Banking arm of Societe Generale (SG GTB) has won eleven awards in many categories in EMEA Finance and Global Finance Magazine’s latest annual industry awards,including "Best Factoring Services in EMEA, Africa, Europe".  “The high number of awards underscores our commitment to develop solutions for our clients in a changing and challenging environment" said Pascal Augé, ...

Read more

Launch of Avenir Plus: a new financing offer adapted to the needs of VSEs, SMEs and Start-ups

CGA launches   :  a complete, clear and accessible service offer.Always attentive to the needs of our professional and corporate clients, we are launching AVENIR PLUS, a solution of anticipated financing of invoices. The managers of very small enterprises (SMEs), small and medium-sized enterprises (SMEs) as well as startups need to focus on their core business ...

Read more

Milestones

1970 The German factor FFG (Finanz und Factor Gesellschaft) set up a French subsidiary, France Factoring Groupe (FFG) SARL. At that time the international business accounted for 75% of turnover.   1974 FFG was renamed Soge-factoring SARL following the acquisition of 65% of the capital by Société Générale, which thus acquired operational control.   1975 ...

Read more

Factoring Glossary

Terminology used in factoring   Adjustment An adjustment entry made on the debtor’s account. Reasons may include payment discrepancies or discounts.   Ageing balance A document indicating the breakdown of each debtor’s balance, according to expiry date.   Approval (guarantee cap) The maximum balance that CGA agrees to guarantee if the debtor is insolvent. The approval ...

Read more

(Français) CGA harmonise l’ensemble de ses libellés de frais d’affacturage

Sorry, this entry is only available in French.

Read more