Global factoring services market is anticipated to grow at a CAGR of 9.0% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing technological advancements. Fintech companies have developed online systems that let enterprises factor invoices and make loan decisions fast. This removes the requirement for regional limitations and conventional […]
Tag Archives: Factoring Services Market
Factoring services market is anticipated to grow at a CAGR of 9.0% during the forecast period (2024-2031). Factoring is acquiring accounts receivable or invoices from a company at a reduced price to address the company’s short-term liquidity requirements while also profiting the buyer. Furthermore, it includes debt factoring, invoice finance, asset-based lending, and accounts receivable […]