Total turnover of factoring and commercial finance in Germany 2012-2023

Published by Statista Research Department, Jun 6, 2024
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 Germany the turnover of the factoring and commercial finance sector reached nearly 400 billion in 2023.

Total turnover value of factoring and commercial finance in Germany from 2012 to 2023 (in billion euros)

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Release date

May 2024

Region

Germany

Survey time period

December 31, 2023

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.

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