Invoice management and collection service, to which may be associated receivables finance and credit risk coverage services.

Through BPI Net Empresas, iFactoring provides features that allow online management of the factoring contract.


Factoring consists of acquiring short-term receivables (up to 1 year) derived from the sale of products or the provision of services, in domestic and foreign markets.

Factoring is formalised through a factoring agreement under which BPI provides the following services (according to contractual terms agreed with the registered user):

  • Credit collection service and respective specialised management;
  • Advance payment on receivables;
  • Credit risk coverage from default of debtors.

It thus represents a short-term financial solution to support treasury and collection management and can also cover the risk of debtors.

Advance payment is subject to the contractual credit limit and other conditions negotiated.

To manage the contract in a customised manner, iFactoring BPI offers the customer the following operations in the new 'Factoring and Confirming' area of BPI Net Empresas:

  • uploading of credit assignment files;
  • uploading of debtors' files;
  • uploading of contract documents;
  • online request of advance payments according to one of the following types:

    - individual invoice;
    - fixed value;
    - available in the contract;
    - automatic advances.

In addition, the necessary consultations are made available for step-by-step contract monitoring, including:

  • integrated contract position;
  • invoices;
  • credit notes;
  • current account;
  • collections;
  • debtors;
  • advance payments.

All the information consulted can be used locally after download.

Several phases of Factoring:

  • The company (customer) invoices the supply of goods or services to its Client (debtor);
  • The company assigns the invoice to BPI;
  • BPI informs the debtor of the assignment;
  • The Client (debtor) pays BPI for invoices of goods or services.

Additionally, there may be:

  • advance payment of assigned invoices;
  • coverage of the Debtor's credit risk.


  • Recourse factoring: the risk of the operation is assumed by the company (customer), or rather, BPI does not assume the risk of insolvency of the company’s clients (debtors). BPI has the right to recover advance payments to the customer in the event of unsuccessful collections from such buyers.
  • Non-recourse factoring: when BPI assumes all or part of the debtor's risk of insolvency. In the event of non-payment by the debtor, BPI assumes payment of invoices to the customer.
Enables the simplification of processes, particularly in:
  • the credit management operation;
  • the financing process for short-term receivables;
  • monitoring average collections periods;
  •  administrative procedures related to the contract.
It also enables:
  • increased security in sales on credit;
  • improved balance sheet ratios;
  • diversification of short-term funding sources;
  • ongoing financial support;
  • increasing the company's efficiency in its priority areas for business;
  • timely information on collection risk;
  • transfer of collection contacts to BPI, converting fixed costs into variable costs;
  • prior analysis by BPI of current and potential clients, as well as periodic monitoring of the company's client portfolio, increasing security in sales on credit;
  • coverage for risk of insolvency of company’s Clients (in case of non-recourse factoring).



Companies, Sole Proprietors.


Case-by-case analysis.


Up to one year (between the invoice date and the due date).



Applicable only in cases of advance payment of invoiced amounts and/or coverage of client risk. Limit defined for the company and/or sub-limits for each client covered by the contract.

For more information, please go to any BPI Branch or Corporate Centre or contact us.


This information is provided for advertising purposes and does not constitute a contractual offer; you must read the pre-contractual and contractual information required by law.

Contracting subject to prior approval by the entities involved and subject to the conditions defined according to the risk profile of each operation.

Banco BPI, S.A., Rua Tenente Valadim, 284, Porto, Tied Insurance Intermediary no. 207232431 (registered with the Insurance and Pension Funds Supervision Authority on 31-10-2017 - more details on the registration available at www.asf.com.pt); authorised to carry on insurance business in the Life and Non-Life Branches with the insurers BPI Vida e Pensões - Companhia de Seguros Vida, S.A., Companhia de Seguros Allianz Portugal, S.A. and COSEC - Companhia de Seguro de Créditos, S.A. Banco BPI, S.A. is not authorised to receive premiums or enter into contracts on behalf of COSEC, Allianz or BPI Vida e Pensões and, as an insurance intermediary, assumes no responsibility for the coverage of risks inherent in the insurance contract.