Eight national associations of factoring and commercial financing from the European Union have agreed to establish a new sectoral representation body at the European level under the name EUFactoring in Brussels.
The founding members come from Austria, France, Germany, Greece, Italy, the Netherlands, Portugal, and Spain, countries that accounted for nearly 80% of the total EU market at the end of 2025, while other national organizations have already expressed their intention to join in the short term.
The mission of EUFactoring is to act as the interlocutor for the factoring sector before the community institutions and to highlight the importance of an activity that provides key solutions for working capital and risk management to companies across Europe, with particular relevance for SMEs.
In this context, the association aims to promote a regulatory framework that favors the financing of accounts receivable, factoring, supply chain financing, and other commercial financing formulas aimed at European companies.
Among its priorities is to defend its position against clauses that prohibit the assignment of commercial credits and that limit SMEs' access to factoring, in addition to demanding capital requirements in line with the low-risk profile of this activity and a proportionate regulation regarding money laundering and the prevention of terrorism financing.
From the new entity, they emphasize the role of factoring in covering the liquidity needs of businesses, its support for domestic and cross-border trade, and its contribution to improving payment discipline in the productive fabric.
"EUFactoring gives the European factoring and accounts receivable financing industry a focused and coordinated voice. Our goal is to work constructively with European institutions and stakeholders to ensure that regulation recognizes the specific characteristics of our industry and its contribution to financing European companies," highlighted the president of EUFactoring, Fausto Galmarini.