Authored By: Sarah
29 Dec 2022

Factoring Market Analysis 2023-2027: ABS Global Factoring AG, American Receivable, and Bluevine Inc. are Among the Key Vendors 

The factoring market share is estimated to grow at a CAGR of 7.54% between 2022 and 2027. The size of the market is forecast to increase by USD 1720.41 billion. The factoring market will witness a YOY of 6.58% in 2023. 

“Growing need for alternative sources of financing for MSMEs and Advent of blockchain in factoring services will boost the market growth”, says a senior analyst at Technavio. 

Factoring Market Analysis 2023-2027: ABS Global Factoring AG, American Receivable, and Bluevine Inc. are Among the Key Vendors 

Technavio’s report on Factoring Market is segmented by type (domestic and international), application (SMEs and large enterprises), and geography (Europe, APAC, South America, North America, and Middle East and Africa).  

The factoring market by the domestic segment will be significant during 2023-2027. With the increase in domestic businesses in various regions, the domestic segment of the global factoring market is expected to grow at a faster rate during the forecast period. Europe will contribute 60% of growth rate during the forecast period.

Some of the key factoring market vendors are ABS Global Factoring AG, American Receivable, Bluevine Inc., CapitalPlus Construction Services, CG24 Group AG, Charter Capital Holdings LP, Deutsche Leasing AG, eCapital Corp., Eurobank Ergasias SA, Factor Funding Co., FirstRand Ltd, HSBC Holdings Plc, Mizuho Financial Group Inc., New Century Financial Inc., PMFBancorp, Riviera Finance of Texas Inc., Societe Generale SA, The Southern Banc Co. Inc., Triumph Business Capital, and Universal Funding Corp. 

Some of the Vendor Offerings are: 

abs-global-factoring.de- The company offers factoring such as factoring for start ups, export business and restructuring.

americanreceivable.com- The company offers factoring such as invoice factoring.

Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact on the market in focus. Download the PDF Sample Report 

Key Elements Included in the Factoring Market Report: 

  • The factoring market report covers indepth information about key vendors and their product offerings. 

  • The key driver, trends and challenges, market opportunities and the detailed market impact analysis 

  • Five force analysis to analyze the potential of buyers and suppliers and the competitive industry scenerio. 

  • Factoring industry across Europe, APAC, South America, North America, and Middle East and Africa.

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