The conditions and costs of factoring vary, depending on the industries involved, the turnover, the debtors, etc. Generally, the factoring company will charge the factoring fee and the financing. The factoring fee covers the services, the default risk coverage, the debtor and receivables management, etc. Additionally, the client pays financing costs which are often aligned with overdraft costs. In contrast to bank lending, factoring offers extensive protection against default as well as receivables management, including debt collection services, if the factoring client so wishes. Due to being immediately provided with liquidity, the factoring client can gain additional revenues such as cash discounts and special conditions, which often even exceed the costs of factoring. Therefore, a direct comparison of factoring and bank lending is only possible to a limited extent.