Market share of factoring and commercial finance turnover in Europe 2021, by country

Published by Statista Research Department, Jun 28, 2022
Factoring and commercial finance companies (Factors) provide businesses with financing to enable the company to meet day-to-day expenses including payments to suppliers, salaries, rent and rates. In Europe, the two largest markets for factoring and commercial finance in 2021 were France and the United Kingdom.

Market share of factoring and commercial finance total turnover in Europe in 2021, by country (in million euros)

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Release date

May 2022

Region

Europe

Survey time period

December 31, 2021

Supplementary notes

Factoring is a type of debt financing, in which invoices (accounts receivable) are sold to a third party at a discount in order to meet funding needs.

Malta, Latvia, and Luxembourg all had a market share of less than 0.1 percent.

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