The sale of receivables via factoring boomed in 2017 in Germany. The turnover of the members of the German factoring association increased by 7.2 per cent to now 232.4 billion euros. In the first half of the year, the increase had even reached 8.4 per cent. This value could not quite hold for the whole year - probably because the competition from the banks is extreme.
The annual balance of the factoring association shows that customers not only use a higher volume of financing for the sale of receivables." data-share-imageurl="">