CobroFactor

The firm operates on a pure success-fee basis: clients pay nothing if the receivable is not recovered. The fee percentage depends on the invoice amount and the number of days the invoice is past due — for example, an invoice between CLP 1 million and CLP 5 million that is 91 to 180 days overdue carries a 9 percent fee. The updated fee table, published following the Ley 21.420 VAT change, also applies an across-the-board 10 percent reduction to its pre-VAT rates.

After exhausting its escalation path — phone calls, field visits, and reporting to Chile's commercial credit bureaus — the firm provides a Certificate of Uncollectibility. This document allows the client to claim a tax write-off for the unpaid receivable under Chile's SII Circular 24, effectively converting a failed collection into a recognized tax deduction.

No. CobroFactor is a debt-collection product line of Servicios Financieros Factor Plus S.A., a Chilean factoring company that has funded SMEs for over ten years. It does not manage pools of third-party capital, make equity investments, or operate as a family office — its revenue comes from contingent collection fees on defaulted business-to-business receivables.

Factor Plus S.A. provides working-capital factoring to small and medium-sized enterprises. CobroFactor extends that credit relationship into post-default collections, allowing the parent to offer a lifecycle service on receivables. The parent's membership in the Asociación de Empresas de Factoring A.G. (EFA) since 2013 places CobroFactor within a regulated trade-credit network.

The firm is sector-agnostic and targets any small or medium-sized enterprise with unpaid business-to-business invoices. Its fee schedule is tiered purely by invoice size and delinquency age, with no stated sector exclusions or concentrations.