Skip to main content

Is my sector eligible for Defacto financing?

Christina avatar
Written by Christina
Updated over a week ago

Change in Sectors We Serve

Defacto is, in principle, open to all sectors of the economy. However, the working capital needs of certain industries are highly specific and do not yet allow for the instant and fully automated approach we strive to offer.

As a result, we do not currently provide working capital financing services to the sectors listed below (including, in particular, sub-sectors of construction and renovation, real estate sales, car dealerships, and financial services and insurance).

Existing customers in these sectors will still have access to their Defacto account in order to manage and repay any outstanding loans, and to access loan contracts for accounting purposes.

The list of sectors concerned by NACE code:

Code

Description

38

Waste collection, treatment and disposal activities

41 (and all its subdivisions)

Construction of buildings

42 (and all its subdivisions)

Civil engineering

43 (and all its subdivisions)

Specialized construction activities

45 (and all its subdivisions)

Wholesale and retail trade and repair of motor vehicles and motorcycles

49 (and all its subdivisions)

Land transport and transport via pipelines

52.24

Handling

52.29

Other transportation support activities

56.10

Restaurants and mobile food service activities

64.20

Activities of holding companies

66.19

Other activities auxiliary to financial services, except insurance and pension funding

66.22

Activities of insurance agents and brokers

66.30

Fund management activities

68 (and all its subdivisions)

Real estate activities

70.10

Activities of head offices

77.11

Rental and leasing of motor vehicles and passenger cars

Sectors we do not serve for ethical reasons

We do not serve certain sectors due to inherent risks and regulatory requirements related to anti-money laundering and counter-terrorism financing (AML/CFT).

As a responsible business, we are committed to maintaining the highest standards of integrity and transparency in all our operations.

Here is the list of sectors ineligible for Defacto financing:

  • Related to weapon and arms

    • 24.46 - Processing of nuclear fuel

  • Related to wholesale and manufacturing of tobacco

    • 46.35 - Wholesale of tobacco products

    • 12.00 - Manufacture of tobacco products

    • 01.15 - Growing of tobacco

  • Related to fossiles fuels and carbonized energy

    • 06.20 - Extraction of natural gas

    • 06.10 - Extraction of crude petrole

    • 19.20 - Manufacture of refined petroleum products

    • 14.20 - Manufacture of articles of fur

Did this answer your question?