Greek factoring market nears €30bn as receivables finance growth outpaces GDP

Factoring turnover in Greece rose to €29.4bn in 2025, reinforcing the sector’s growing role in supporting business liquidity and working capital across the economy.

New figures released by the Hellenic Factoring Association show turnover increased from €27.1bn in 2024, representing annual growth of approximately 8.5%.

Factoring activity reached 14.3% of Greek GDP, up from 13.4% a year earlier and above the European average of 11.4%.

Domestic factoring remained the largest segment of the market, accounting for €25.6bn of activity, while international factoring reached €3.9bn. Export factoring represented €3.7bn of international volumes, underlining the role of receivables finance in supporting Greek exporters.

Recourse factoring transactions totalled €17.8bn, while non-recourse volumes reached €11.6bn and accounted for approximately 39% of the market.

Reverse factoring continued to expand, reaching €811m as supply chain finance solutions gained traction among corporates seeking to strengthen supplier relationships and optimise working capital.

Alexandros Kontopoulos, Chairman of the Hellenic Factoring Association, said the sector was evolving into a key financing pillar for Greek entrepreneurship, highlighting the industry’s growing contribution to the real economy and SMEs.

The association said the outlook for 2026 remains positive, supported by demand for working capital, international trade activity and continued digitalisation across financial services.

The figures reinforce the growing importance of receivables finance across Southern Europe as businesses seek liquidity solutions that can support both domestic and cross-border trade.