Factoring is a service of financial nature involving the conversion of credit bill into cash. It is a process or mechanism by which a company generates finance against its receivables. Factoring is asset-based financing in which the factor gives credit by looking at the creditworthiness of the borrower.
Market Analysis and Insights: Global and United States Factoring Market
This report focuses on global and United States Factoring market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Factoring market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Domestic Factoring accounting for % of the Factoring global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, SME was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Factoring market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Factoring Scope and Market Size
Factoring market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Factoring market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Factoring market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Domestic Factoring
International Factoring
Segment by Application
SME
Enterprise
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
BNP Paribas
Deutsche Factoring Bank
Eurobank
HSBC Group
Mizuho Financial Group
TCI Business Capital
altLINE
Paragon Financial Group
Charter Capital
New Century Financial
Riviera Finance
Universal Funding Corp
Market Analysis and Insights: Global and United States Factoring Market
This report focuses on global and United States Factoring market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Factoring market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Domestic Factoring accounting for % of the Factoring global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, SME was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Factoring market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Factoring Scope and Market Size
Factoring market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Factoring market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Factoring market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Domestic Factoring
International Factoring
Segment by Application
SME
Enterprise
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
BNP Paribas
Deutsche Factoring Bank
Eurobank
HSBC Group
Mizuho Financial Group
TCI Business Capital
altLINE
Paragon Financial Group
Charter Capital
New Century Financial
Riviera Finance
Universal Funding Corp
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.