The Falck Group :

It provides factoring activities both for Group subsidiaries and for a limited number of third-party companies through Riesfactoring SpA, founded in 1985 following a joint-venture between "Acciaierie & Ferriere Lombarde Falck" and Ifitalia (BNL Group); later the entire stake was taken over by the Falck Group.
Besides Treasury and Finance services that Riesfactoring supplies on an exclusive basis to the Falck Group, the core business relates to integrated factoring functions. In particular:
  • management/collection of receivables assigned
  • ensuring the successful completion of payment procedures (no-recourse)
  • liquidation of credit via partial and/or total anticipated factoring of the bills issued to Group companies and to firms with which it entertains special business relations.
Such activities are performed within the sphere of the regulatory framework and under the control of the Italian Currency Exchange Office. Riesfactoring SpA is a member of the Financial Brokers Register.