Factoring volumes jump 16.6% as ABL market shows resilience, SFNet data reveals

Factoring volumes increased by 16.6% year-on-year in 2025, highlighting strong demand for receivables finance despite a more challenging economic environment, according to new data from the Secured Finance Network (SFNet).

The report also showed resilience in asset-based lending markets, with non-bank outstandings rising 12.6% in Q4, as alternative lenders continued to expand their role.

“Secured finance continues to demonstrate its strength and adaptability,” said SFNet CEO Rich Gumbrecht, pointing to the sector’s ability to provide liquidity amid market uncertainty.

While overall ABL commitments remained stable, the data reflects a shift toward non-bank providers as traditional lenders take a more cautious approach.

The findings come as businesses face tighter credit conditions, reinforcing the importance of factoring and asset-based lending as reliable sources of working capital.

For the market, the results underline the growing role of secured finance in bridging funding gaps and supporting business liquidity in volatile conditions.