The Latin America factoring services market size is expected to reach 346.02 billion by 2030, registering a CAGR of 11.9% from 2023 to 2030. The market growth can be attributed to a rise in automation in financial services, expansion of the manufacturing industry, and rise in open account trading and cross-border business. The automation of repetitive and time-taking backend tasks in financial services helps financial institutions to simplify their operations and optimize their credit collection processes. Furthermore, the digitization of accounts receivable processes helps reduce printing costs and ensures more profits for employees. These developments will drive the market during the forecast period. The COVID-19 pandemic has brought in a more collective approach, wherein banks and Supply Chain Finance (SCFs) would work jointly to offer added value to the client environments.
The industry is anticipated to turn to digital documentation, along with cloud- and AI-based models enhancing the efficiency of services. Banks are projected to become more user-friendly with an accessible site for customers to check their balances, assign invoices, and submit financing requests as needed. Clients can choose banks that employ the most updated, fast, and dynamic digital technology to solve problems, streamline internal operations, and share large volumes of data with their systems. As a result, finance organizations are expected to update their solutions to remain competitive. The increasing adoption of blockchain technology among banks and Non-banking Financial Companies (NBFCs) is driving the growth of the market.
It encourages industry players to make more efforts to improve their services to gain a competitive edge. Furthermore, the growing adoption of Distributed Ledger Technology (DLT) among various SMEs & large enterprises and increased awareness about blockchain DLT applications among various industries are driving the growth of the industry. The technology provides several benefits, such as sending & receiving product information transparently and storing customers’ information securely for different purposes. Such features enabled by blockchain technology are expected to boost the adoption of factoring services in NBFCs and banks during the forecast period. The Argentina regional market will have considerable growth over the forecast period. The country has been focusing on developing its Micro, Small & Medium-sized Enterprises (MSME) production and digital transformation.
For instance, in august 2022, Inter-American Development Bank sanctioned USD 80 million for boosting MSME productivity in Argentina and fostering digital transformation. Such initiatives, targeting digital transformation among MSMEs, are expected to enable MSMEs to opt for factoring services. Key industry players have an extended operating history, a large customer base, and significant competitive strengths. For instance, in December 2022, Tradewind Finance and United Commercial Bank (USB) collaborated for finding solutions to help exporters of Bangladesh by offering receivables-based financial services. The partnership was aimed at providing tailor-made and easy cash flow solutions while creating awareness regarding international factoring services in the region.
This product will be delivered within 1-3 business days.
The industry is anticipated to turn to digital documentation, along with cloud- and AI-based models enhancing the efficiency of services. Banks are projected to become more user-friendly with an accessible site for customers to check their balances, assign invoices, and submit financing requests as needed. Clients can choose banks that employ the most updated, fast, and dynamic digital technology to solve problems, streamline internal operations, and share large volumes of data with their systems. As a result, finance organizations are expected to update their solutions to remain competitive. The increasing adoption of blockchain technology among banks and Non-banking Financial Companies (NBFCs) is driving the growth of the market.
It encourages industry players to make more efforts to improve their services to gain a competitive edge. Furthermore, the growing adoption of Distributed Ledger Technology (DLT) among various SMEs & large enterprises and increased awareness about blockchain DLT applications among various industries are driving the growth of the industry. The technology provides several benefits, such as sending & receiving product information transparently and storing customers’ information securely for different purposes. Such features enabled by blockchain technology are expected to boost the adoption of factoring services in NBFCs and banks during the forecast period. The Argentina regional market will have considerable growth over the forecast period. The country has been focusing on developing its Micro, Small & Medium-sized Enterprises (MSME) production and digital transformation.
For instance, in august 2022, Inter-American Development Bank sanctioned USD 80 million for boosting MSME productivity in Argentina and fostering digital transformation. Such initiatives, targeting digital transformation among MSMEs, are expected to enable MSMEs to opt for factoring services. Key industry players have an extended operating history, a large customer base, and significant competitive strengths. For instance, in December 2022, Tradewind Finance and United Commercial Bank (USB) collaborated for finding solutions to help exporters of Bangladesh by offering receivables-based financial services. The partnership was aimed at providing tailor-made and easy cash flow solutions while creating awareness regarding international factoring services in the region.
Latin America Factoring Services Market Report Highlights
- The domestic category segment is anticipated to register a steady CAGR during the forecast period
- The increasing effectiveness of electronic invoices and the results of the government’s efforts in several states in the region, such as creating a competitive marketplace and creating high-quality jobs, to boost private consumption (to measure the money spent by the consumers in the country to buy goods and services), is the key driving factor for the segment growth
- The non-recourse type segment is anticipated to observe the fastest CAGR during the forecast period as the non-recourse service providers conduct extensive credit checks and provide credit protection against the awful debts
- The transport & logistics end-use segment is expected to have a considerable CAGR during the forecast period
- The growth is mainly owing to the shifting focus of these companies on instant fundraising systems to improve their service offerings and network
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1. Methodology and Scope1.1. Methodology Segmentation & Scope
1.2. Information procurement
1.2.1. Purchased database
1.2.2. internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information analysis
1.3.1. Data analysis models
1.4. Market formulation & data visualization
1.5. Data validation & publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segments Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Latin America Factoring Services Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Business Environment Analysis Tools
3.4.1. Industry Analysis - Porter's Five Forces Analysis
3.4.2. PEST Analysis
3.5. COVID-19 Impact Analysis
Chapter 4. Latin America Factoring Services Market Category Outlook
4.1. Latin America Factoring Services Market Share by Category, 2022 & 2030 (USD Million)
4.2. Domestic
4.2.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
4.2.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
4.3. International
4.3.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
4.3.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
Chapter 5. Latin America Factoring Services Market Type Outlook
5.1. Latin America Factoring Services Factoring Market Share by Type 2022 & 2030 (USD Million)
5.2. Recourse
5.2.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
5.2.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
5.3. Non-recourse
5.3.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
5.3.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
Chapter 6. Latin America Factoring Services Market Financial Institution Outlook
6.1. Latin America Factoring Services Factoring Market Share by Financial Institution 2022 & 2030 (USD Million)
6.2. Banks
6.2.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
6.2.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
6.3. Non-banking Financial Institutions
6.3.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
6.3.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
Chapter 7. Latin America Factoring Services Market End-use Outlook
7.1. Latin America Factoring Services Factoring Market Share by End Use 2022 & 2030 (USD Million)
7.2. Manufacturing
7.2.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
7.2.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
7.3. Transport & Logistics
7.3.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
7.3.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
7.4. Information Technology
7.4.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
7.4.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
7.5. Healthcare
7.5.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
7.5.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
7.6. Construction
7.6.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
7.6.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
7.7. Others
7.7.1. Market size, estimates, and forecasts, 2018 - 2030 (USD Million)
7.7.2. Market size, estimates, and forecast by country, 2018 - 2030 (USD Million)
Chapter 8. Latin America Factoring Services Market: Country Outlook
8.1. Latin America Factoring Services Factoring Market Share by Country, 2022 & 2030 (USD Million)
8.2. Latin America
8.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.6. Brazil
8.2.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.6.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.6.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.6.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.6.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.7. Mexico
8.2.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.7.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.7.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.7.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.7.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.8. Chile
8.2.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.8.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.8.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.8.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.8.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.9. Peru
8.2.9.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.9.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.9.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.9.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.9.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.10. Argentina
8.2.10.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.10.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.10.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.10.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.10.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.11. Paraguay
8.2.11.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.11.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.11.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.11.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.11.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.12. Uruguay
8.2.12.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.12.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.12.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.12.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.12.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.13. Ecuador
8.2.13.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.13.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.13.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.13.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.13.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.14. Colombia
8.2.14.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.14.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.14.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.14.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.14.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
8.2.15. Bolivia
8.2.15.1. Market estimates and forecast, 2018 - 2030 (USD Million)
8.2.15.2. Market estimates and forecast by category, 2018 - 2030 (USD Million)
8.2.15.3. Market estimates and forecast by type, 2018 - 2030 (USD Million)
8.2.15.4. Market estimates and forecast by financial institution, 2018 - 2030 (USD Million)
8.2.15.5. Market estimates and forecast by end use, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
9.1. Company Categorization (Mature Players, Emerging Players)
9.2. Company Ranking/Share Analysis, 2022
9.3. Strategy Mapping
9.4. Company Profiles (Overview, Financial Performance, Product Overview, Strategic Initiatives)
9.4.1. Accion International
9.4.2. Barclays Plc
9.4.3. BNP Paribas
9.4.4. BTG Pactual
9.4.5. Deutsche Factoring Bank
9.4.6. FINAMCO
9.4.7. Hitachi Capital (UK) PLC
9.4.8. HSBC Group
9.4.9. Mizuho Financial Group, Inc.
9.4.10. SMB
9.4.11. TRADEWIND GMBH
List of Tables
Table 1 Latin America factoring services market, 2018 - 2030 (USD Million)
TABLE 2 Latin America factoring services market, by country, 2018 - 2030 (USD Million)
TABLE 3 Latin America factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 4 Latin America factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 5 Latin America factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 6 Latin America factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 7 Latin America domestic factoring services market, 2018 - 2030 (USD Million)
TABLE 8 Latin America domestic factoring services market, by country, 2018 - 2030 (USD Million)
TABLE 9 Latin America international factoring services market, 2018 - 2030 (USD Million)
TABLE 10 Latin America international factoring services market, by country, 2018 - 2030 (USD Million)
TABLE 11 Latin America recourse factoring services market, 2018 - 2030 (USD Million)
TABLE 12 Latin America recourse factoring services market, by country, 2018 - 2030 (USD Million)
TABLE 13 Latin America non-recourse factoring services market, 2018 - 2030 (USD Million)
TABLE 14 Latin America non-recourse factoring services market, by country, 2018 - 2030 (USD Million)
TABLE 15 Latin America factoring services market for banks, 2018 - 2030 (USD Million)
TABLE 16 Latin America factoring services market for banks, by country, 2018 - 2030 (USD Million)
TABLE 17 Latin America factoring services market for non-banking financial institutions, 2018 - 2030 (USD Million)
TABLE 18 Latin America factoring services market for non-banking financial institutions, by country, 2018 - 2030 (USD Million)
TABLE 19 Latin America factoring services market in manufacturing, 2018 - 2030 (USD Million)
TABLE 20 Latin America factoring services market in manufacturing, by country, 2018 - 2030 (USD Million)
TABLE 21 Latin America factoring services market in transport & logistics, 2018 - 2030 (USD Million)
TABLE 22 Latin America factoring services market in transport & logistics, by country, 2018 - 2030 (USD Million)
TABLE 23 Latin America factoring services market in information technology, 2018 - 2030 (USD Million)
TABLE 24 Latin America factoring services market in information technology, by country, 2018 - 2030 (USD Million)
TABLE 25 Latin America factoring services market in healthcare, 2018 - 2030 (USD Million)
TABLE 26 Latin America factoring services market in healthcare, by country, 2018 - 2030 (USD Million)
TABLE 27 Latin America factoring services market in construction, 2018 - 2030 (USD Million)
TABLE 28 Latin America factoring services market in construction, by country, 2018 - 2030 (USD Million)
TABLE 29 Latin America factoring services market in others, 2018 - 2030 (USD Million)
TABLE 30 Latin America factoring services market in others, by country, 2018 - 2030 (USD Million)
TABLE 31 Brazil factoring services market, 2018 - 2030 (USD Million)
TABLE 32 Brazil factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 33 Brazil factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 34 Brazil factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 35 Brazil factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 36 Mexico factoring services market, 2018 - 2030 (USD Million)
TABLE 37 Mexico factoring services services market, by category, 2018 - 2030 (USD Million)
TABLE 38 Mexico factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 39 Mexico factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 40 Mexico factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 41 Chile factoring services market, 2018 - 2030 (USD Million)
TABLE 42 Chile factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 43 Chile factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 44 Chile factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 45 Chile factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 46 Peru factoring services market, 2018 - 2030 (USD Million)
TABLE 47 Peru factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 48 Peru factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 49 Peru factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 50 Peru factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 51 Argentina factoring services market, 2018 - 2030 (USD Million)
TABLE 52 Argentina factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 53 Argentina factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 54 Argentina factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 55 Argentina factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 56 Paraguay factoring market, 2018 - 2030 (USD Million)
TABLE 57 Paraguay factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 58 Paraguay factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 59 Paraguay factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 60 Paraguay factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 61 Uruguay factoring market, 2018 - 2030 (USD Million)
TABLE 62 Uruguay factoring market, by category, 2018 - 2030 (USD Million)
TABLE 63 Uruguay factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 64 Uruguay factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 65 Uruguay factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 66 Ecuador factoring services market, 2018 - 2030 (USD Million)
TABLE 67 Ecuador factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 68 Ecuador factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 69 Ecuador factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 70 Ecuador factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 71 Colombia factoring services market, 2018 - 2030 (USD Million)
TABLE 72 Colombia factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 73 Colombia factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 74 Colombia factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 75 Colombia factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 76 Bolivia factoring services market, 2018 - 2030 (USD Million)
TABLE 77 Bolivia factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 78 Bolivia factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 79 Bolivia factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 80 Bolivia factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 81 Rest of Latin America factoring services market, 2018 - 2030 (USD Million)
TABLE 82 Rest of Latin America factoring services market, by category, 2018 - 2030 (USD Million)
TABLE 83 Rest of Latin America factoring services market, by type, 2018 - 2030 (USD Million)
TABLE 84 Rest of Latin America factoring services market, by financial institution, 2018 - 2030 (USD Million)
TABLE 85 Rest of Latin America factoring services market, by end-use, 2018 - 2030 (USD Million)
TABLE 86 Recent developments & impact analysis, by key market participants
List of Figures
Fig. 1 Market Segmentation & Scope
Fig. 2 Information Procurement
Fig. 3 Primary Research Pattern
Fig. 4 Primary Research Process
Fig. 5 Market Formulation and Data Visualization
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Competitive Landscape Snapshot
Fig. 9 Latin America Factoring Services Market Lineage Outlook
Fig. 10 Latin America Factoring Services Market Value Chain Analysis
Fig. 11 Latin America Factoring Services Market Dynamics
Fig. 12 Industry Analysis-Porter’s Five Forces
Fig. 13 PESTL Analysis
Fig. 14 Latin America Factoring Services Market, by Category, Key Takeaways (USD Million)
Fig. 15 Category Analysis & Market Share, 2022 & 2030
Fig. 16 Latin America Factoring Services Market, by Type, Key Takeaways (USD Million)
Fig. 17 Type Analysis & Market Share, 2022 & 2030
Fig. 18 Latin America Factoring Services Market, by Financial Institution, Key Takeaways (USD Million)
Fig. 19 Financial Institution Analysis & Market Share, 2022 & 2030
Fig. 20 Latin America Factoring Services Market, by End-use, Key Takeaways (USD Million)
Fig. 21 End-use Analysis & Market Share, 2022 & 2030
Fig. 22 Country Market Size Estimates & Forecasts, 2018 - 2030 (USD Million)
Fig. 23 Brazil Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Fig. 24 Mexico Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Fig. 25 Chile Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Fig. 26 Peru Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Fig. 27 Argentina Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Fig. 28 Paraguay Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Fig. 29 Uruguay Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Fig. 30 Ecuador Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Fig. 31 Colombia Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Fig. 32 Bolivia Factoring Services Market Outlook and Market Share, 2022 & 2030 (USD Million)
Companies Mentioned
- Accion International
- Barclays Plc
- BNP Paribas
- BTG Pactual
- Deutsche Factoring Bank
- FINAMCO
- Hitachi Capital (UK) PLC
- HSBC Group
- Mizuho Financial Group, Inc.
- SMB
- TRADEWIND GMBH
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 130 |
| Published | March 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 145.47 Billion |
| Forecasted Market Value ( USD | $ 346.02 Billion |
| Compound Annual Growth Rate | 11.9% |
| Regions Covered | Latin America |
| No. of Companies Mentioned | 11 |
