EUFactoring launches to represent European factoring and commercial finance industry

Eight national associations representing almost 80% of the EU factoring market have joined forces to support business finance and advocate a proportionate regulatory framework.

EUFactoring Association has launched in Brussels as a new representative body for the factoring and commercial finance industry at European Union level.

The non-profit association brings together national industry associations from Austria, France, Germany, Greece, Italy, the Netherlands, Portugal and Spain. Its founding members represented almost 80% of the EU factoring market at the end of 2025, with further national associations already expressing interest in joining.

EUFactoring will represent the sector before European institutions and promote a regulatory environment that supports factoring, receivables finance, supply chain finance and related commercial finance solutions. It also aims to improve understanding of their contribution to business liquidity, resilience, investment and domestic and cross-border trade, particularly among SMEs.

The founding associations were previously members of the EU Federation for the Factoring and Commercial Finance Industry (EUF), which was dissolved in June 2026. EUFactoring has taken over a number of its activities and objectives.

Its regulatory priorities include opposing bans on the assignment of receivables, which it argues can restrict access to factoring, particularly for smaller businesses. It is also calling for capital requirements that reflect factoring’s low-risk profile and proportionate anti-money laundering and counter-terrorist financing regulation.

The association has already submitted responses to public consultations on these issues. At its first in-person board meeting in Brussels on 30 September 2026, board members and the chairs of its Prudential Risk and ESG Committees discussed advocacy priorities for the coming year.

The 151 factoring companies belonging to its eight founding national associations generated more than €867bn in factoring turnover during the first half of 2026. According to EUFactoring, this was equivalent to nearly 10% of EU GDP over the same period.

Germany, Italy and the Netherlands alone have more than 150,000 businesses using factoring. By converting trade receivables into immediate liquidity, the sector helps businesses manage cash flow, strengthen payment discipline and fund investment.

Fausto Galmarini, Chair of EUFactoring, said: “EUFactoring gives the European factoring and receivables finance industry a focused and coordinated voice. Our objective is to work constructively with European institutions and stakeholders to ensure that regulation recognises the specific features of our industry and its contribution to the financing of European businesses.

“We look forward to welcoming new national associations and international partners into EUFactoring and to building together an even stronger, more representative and forward-looking platform for the sector across Europe.”