Breaking news:Global factoring industry surpasses €4 trillion in 2025, says the latest FCI World Factoring Statistics

In 2025, the global factoring industry surpassed €4 trillion in turnover for the first time, reaching €4,039 billion. This marks a 3.7% increase from €3,895 billion in 2024, according to the latest FCI World Factoring Statistics.

This growth follows a year of consolidation in 2024 and showcases the continued resilience and relevance of factoring and receivables finance in supporting the real economy. 

Despite ongoing global uncertainties, geopolitical tensions, changing trade patterns, and liquidity challenges, factoring continues to be an essential source of working capital for small and medium-sized enterprises (SMEs) involved in open account trade.

Betül Kurtuluş, Deputy Secretary General of FCI, said, “The 2025 statistics mark an important milestone for the global factoring industry, with worldwide turnover surpassing €4 trillion. This achievement reflects the continued resilience, adaptability, and relevance of factoring in supporting businesses through changing market conditions.” 

“At a time when many SMEs face challenges accessing traditional finance, factoring offers a practical way to unlock working capital from receivables, mitigate payment risk, and support open account trade.” 

“It is not only a financing tool but an important part of the solution in helping narrow the SME trade finance gap and enabling sustainable economic growth,” she added.

Europe: Largest regional market with steady growth

Europe was the largest market for factoring services, with a turnover of about €2,658 billion in 2025. This is 65.8% of the global total. The region grew by 2.2% compared to 2024.

Key European markets, including France, Germany, the UK, Italy, and Spain, are strong players in global factoring. 

Germany also saw a growth of 6.3%, with Belgium, the Netherlands, Poland, and Portugal also making positive contributions.

Despite some markets facing mild contractions or steady performance, Europe’s results highlight the ongoing significance and maturity of receivables finance across the region.

Asia Pacific: Strong growth amid mixed market conditions

Asia Pacific was the second-largest market for factoring, with a turnover of about €995 billion. This accounts for 24.6% of the global factoring turnover. The region grew by 3.2% compared to last year.

China continued as the largest individual factoring market globally, with turnover of €713 billion, up 5%. Other significant contributors included Singapore, 

Taiwan, India, Japan, and Hong Kong. Singapore posted an impressive growth of 15.9%, India grew by 13.9%, and Taiwan by 10.5%. The region’s mixed performance shows diverse economic conditions, trade dynamics, and varying levels of market maturity.

Americas: Leading regional growth with strong North American performance

In 2025, the Americas reported strong growth, with total turnover reaching about €326 billion. This is a 20% increase from 2024.

North America experienced particularly strong growth, rising 35.1% to €160 billion, driven mainly by the United States, which grew by 35.5%, and Canada, which posted 20% growth.

South and Central America reached approximately €165 billion, growing 8.2%. Brazil led with 22.2% growth, followed by Peru at 13.1% and Mexico at 6.1%. Chile remained stable as one of the region’s largest markets.

Africa: Emerging growth and increasing relevance

Africa’s factoring market was about €51.4 billion in 2025, a 2.2% increase from 2024. South Africa was the largest market, followed by Morocco. Egypt showed significant growth, reaching €2.4 billion.

These results emphasise the significance of factoring in Africa, especially as businesses look for alternative working capital sources and stakeholders seek to enhance SME finance, trade, and supply chain development.

Middle East: Steady growth amid data challenges

The Middle East’s turnover was around €8.8 billion in 2025, with a 8.7% growth compared to 2024.

Growth was supported by Israel, while the UAE remained the largest market in the region. 

Despite challenges in data collection, there is a clear, ongoing interest in receivables finance and open account trade solutions.

The overall industry outlook

Receivables finance continues to strengthen its role in global trade. As supply chains become more regionalised and trade corridors evolve, businesses increasingly rely on flexible, open account solutions supported by factoring and supply chain finance.

Growth is increasingly driven by emerging markets, where limited access to traditional financing emphasises the role of receivables finance as a key enabler of SME participation in global trade.

These trends indicate a structural shift that receivables finance is no longer a cyclical instrument but an integral component of modern trade.