Eight national associations from the financial sector have joined forces to create EUFactoring, an organization established in Brussels that aspires to become the European voice of the factoring and accounts receivable financing industry. The entity is born with the aim of defending the interests of the sector before community institutions and promoting a regulatory framework that takes into account the particularities of these business financing instruments.
The founding members come from Austria, France, Germany, Greece, Italy, the Netherlands, Portugal, and Spain. Together, they represent almost 80% of the total market of the European Union by the end of 2025. The organization hopes to incorporate new national associations in the coming months.
EUFactoring takes on part of the tasks and objectives of the European Federation for the Factoring and Commercial Financing Industry (EUF), dissolved in June 2026. Its constitution seeks to strengthen the representation of a sector that provides liquidity and risk management tools to companies across Europe, especially small and medium-sized companies.
More than 867 billion in operations in six months
The economic dimension of this activity is reflected in the data from the first half of 2026. The 151 factoring companies integrated into the eight founding associations recorded a turnover exceeding 867 billion euros, a volume equivalent to almost 10% of the community GDP during that period.
Factoring allows companies to transform their pending invoices into immediate liquidity, without having to wait for the maturity of their customers' payments. In this way, they can have resources to finance their ordinary activity, face expenses, manage default risks, and sustain their investments.
Its reach is also evident in markets such as Germany, Italy, and the Netherlands, where more than 150,000 companies use these services, according to data released by the association.
The assignment of credits and capital requirements, among its priorities
The agenda of EUFactoring before European institutions focuses on preventing community regulations from hindering companies' access to these financing formulas. Among its main demands is the opposition to prohibitions on the assignment of commercial credits which, in its view, can particularly limit the use of factoring by SMEs.
The organization also claims adequate capital requirements according to the risk profile of this activity and a proportionate regulation regarding the prevention of money laundering and the financing of terrorism. In recent months, the entity has already intervened in public consultations related to these issues.
The objective is for the regulation to take into account the specific characteristics of accounts receivable financing, factoring, and supply chain financing, without imposing burdens that may unnecessarily restrict its use by companies.
“EUFactoring gives the European factoring and accounts receivable financing industry a focused and coordinated voice,” aEUFactoringfirmed its president, Fausto Galmarini. The association aims to work with community institutions and other stakeholders so that the regulation recognizes the sector's contribution to business financing.
The creation of this European platform occurs in a context where the availability of working capital and the management of payment terms are relevant factors for the activity of companies. EUFactoring argues that factoring helps strengthen corporate resilience, facilitate domestic and cross-border trade, and improve payment discipline, with particular emphasis on SMEs.