Factoring Services Market: The global market size was estimated at USD 4,185.05 billion in 2023 and is expected to grow at a CAGR of 10.5% from 2024 to 2030. The Factoring Services Market is seeing steady growth due to increasing demand in the automotive, textiles, and packaging industries. Ethylene glycol, widely used as antifreeze and in polyester […]
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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 […]
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 […]