Company
PB Factoring GmbH, established in August 2001, is a wholly-owned subsidiary of Deutsche Postbank AG. Based in Bonn, it has share capital of €5,000,000.

The main focus of its activities is the purchase of short-term trade receivables from German companies. It offers the entire range of factoring products, which covers full-service factoring, in-house factoring, financial factoring, month-end factoring, supplier factoring and export factoring. In addition, special factoring products will be offered in conjunction with the logistics offers in the Deutsche Post World Net group of companies.

The management team is Monika Loock-Weber (sales, marketing) and Michael Menke (risk management, controlling).
 

Philosophy 
With its customized factoring products, PB Factoring particularly intends to offer growth-oriented SMEs a financing alternative that provides more than just financing. Factoring can help eliminate accounts receivable risks whilst easing the administrative load and making the most of accounting and tax benefits. The objective is to offer corporate clients a complete financing and services package from one source in collaboration with the Deutsche Post World Net Group.
  
Activities
PB Factoring focuses on buying short-term trade receivables in relation to commercial customers. The main focal point is the purchase of receivables against German customers and customers in the EU states. PB Factoring is thus extending Postbank’s financial services aimed specifically at small to medium-sized corporate clients and adding an attractive financing component to the logistics services offered within the Deutsche Post World Net Group.