Factoring Service Market: Growth Drivers, Revenue Streams, and...

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2025-09-17 12:21:12 - Translate

Factoring Service Market: Growth Drivers, Revenue Streams, and Market Trends

Market Overview The global factoring service market was valued at USD 3.25 billion in 2020 and is expected to grow at a CAGR of 8.5% during forecast period. Factoring services involve the financial transaction in which a business sells its accounts receivable to a third party (factor) at a discount to improve cash flow, reduce credit risk, and accelerate working capital. Factoring is...

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