Italian supply chain finance turnover rises as factoring market expands

Supply chain finance turnover in Italy rose by nearly 6% in the first five months of 2026, reinforcing the product’s growing role within the country’s broader factoring market.

Preliminary data published by Assifact’s CrediFact observatory showed supply chain finance turnover reached €11.21bn at the end of May, up 5.98% compared with the same period in 2025.

The figures sit within a wider positive trend for Italian factoring. Total cumulative factoring turnover reached €109.75bn in the first five months of 2026, an increase of 2.22% year-on-year.

Outstanding volumes and advances also moved higher, rising 1.71% and 1.50% respectively compared with May 2025.

The data suggests that Italian companies continue to rely on receivables and payables-linked finance to manage liquidity, payment cycles and supplier relationships.

Supply chain finance growth is especially relevant because it points to demand beyond traditional factoring. Approved payables finance and related structures are increasingly being used by larger buyers and suppliers as companies seek more predictable liquidity across supply chains.

For funders, the Italian market remains one of Europe’s most important testing grounds for receivables and payables finance. Its scale, bank involvement and strong factoring infrastructure make it a useful indicator of wider working capital trends.

The May figures also suggest that demand is not being driven only by stress. Instead, supply chain finance appears to be becoming a more established liquidity management tool for companies operating in complex commercial networks.

That could support further product development as funders look to serve SMEs, exporters and suppliers that still face uneven access to short-term finance.