Factoring Services Industry The global factoring services market was valued at an estimated USD 4,185.05 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 10.5% between 2024 and 2030. In recent years, the market has demonstrated consistent growth, largely driven by an increasing demand for alternative financing solutions, particularly among small and medium...

The global factoring services market size is expected to reach USD 8,188.67 billion by 2030, exhibiting a CAGR of 10.5% from 2024 to 2030, according to a new study by Grand View Research, Inc. The increasing demand for quick and hassle-free financing sources among Micro, Small, and Medium Enterprises (MSMEs) is driving market growth. Factoring services help businesses secure working...