The factoring sector in Greece maintained its strong momentum in 2025, recording a significant increase in turnover. Specifically, total managed turnover stood at €29.4 billion in 2025, compared to €27.1 billion in 2024, marking an increase of approximately 8.5%.
This development confirms the sector’s strengthened role as a key pillar of financing for entrepreneurship and the real economy.
Furthermore, in 2025, there was an increase in the penetration of factoring operations into the country’s total GDP, reaching 14.3% (compared to 13.4% in 2024), maintaining this indicator at higher levels than the corresponding European average (11.4%) for the previous year as well.
Strengthening of domestic and international operations
The sector’s growth stemmed from both domestic and international activity:
- Domestic factoring volume reached €25.6 billion, constituting the core of the market with an 87% share of total volume
- International factoring volume stood at €3.9 billion, corresponding to approximately 13% of the total, confirming the sector’s support for the international orientation of Greek businesses
Of the international business, the largest portion relates to export activity (€3.7 billion), a fact that underscores the role of factoring in facilitating export trade.
In terms of products and services:
- Recourse factoring volume amounted to €17.8 billion
- Non-recourse transactions amounted to €11.6 billion, accounting for approximately 39% of the market.
Specialized forms, such as reverse factoring, continued to grow, reaching €811 million, confirming their importance in supporting supply chains.
A stable source of liquidity for businesses
Factoring remains one of the most effective tools for boosting business liquidity, particularly for small and medium-sized enterprises, offering immediate financing, transaction security, and improved receivables management.
Positive Outlook for 2026
The outlook for 2026 remains positive, with the sector expected to continue its upward trajectory by leveraging:
- the growing need for working capital
- the strengthening of international trade
- the further digitization of financial services
“The Hellenic Factoring Association will continue to actively support the development of the sector, contributing to the strengthening of the Greek economy’s competitiveness,” stated Association President Alexandros Kontopoulos, commenting on the robust growth rate of 2025. He also noted, “Last year’s performance confirms that factoring is evolving into a key pillar of financing for Greek entrepreneurship. The managed turnover, which now approaches €30 billion, and the increased share of GDP consistently highlight its critical role in supporting the real economy, particularly small and medium-sized enterprises.”