Peru’s factoring market reaches 13bn soles in first six months


Peru’s Ministry of Production (Produce) reported on Friday that in the first six months of this year a total of 12,080 companies negotiated 13bn soles (£2.8 bn) of invoices to access working capital financing.

"Of the total number of companies that opted for factoring, 9,970 were micro and small companies (MYPES), which represents 82.5% of the market," said the Head of Produce, Jorge Luis Prado. 



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Posted on Jul 25, 2022
Region: Peru
Factoring
Factoring, Peru, accounts receivables finance