PUBLISHER: KBV Research | PRODUCT CODE: 1292816
PUBLISHER: KBV Research | PRODUCT CODE: 1292816
North America Reverse Factoring Market Size, Share & Industry Trends Analysis Report By Category, By Financial Institution, By End-use, By Country and Growth Forecast, 2023 - 2029
The North America Reverse Factoring Market would witness market growth of 11.5% CAGR during the forecast period (2023-2029).
Specifically created for small and medium businesses, reverse factoring is essentially a buyer-led financing product that optimizes working capital by paying numerous suppliers early. In addition, it enables credit-worthy purchasers to postpone payment. With this approach, unlike traditional factoring, the buyer can routinely authorize the invoice for reimbursement and submit a funding request to a lender. Because of the buyer's creditworthiness, the financier is able to pay the suppliers at a reduced borrowing cost. Reverse factoring is additionally referred to as accounts payable finance.
The reverse factoring process is comparable to factoring in that three parties are involved: the ordering party (the client), the factor, and the supplier. Again, similar to conventional factoring, the aim of the procedure is to have a financier (the factor) finance the receivables of the supplier so that the supplier can receive payment for what they sold right away.
This has also been garnering attention from the government authorities. For example, in 2021, the Export-Import Bank of the United States (EXIM) Board of Directors approved the Supply Chain Finance Guarantee Program to renew a 90 percent guarantee on a $180 million purchase facility. The deal will enable CFM International, Inc. of Cincinnati, Ohio, to sell aircraft engines to The Boeing Company for export use.
With the COVID-19 outbreak still affecting the commercial loan sector, especially in industries like aviation that were severely damaged by the pandemic, EXIM's guarantee will help to sustain American jobs even more. EXIM predicts that the facility's renovation will support 353 million dollars in export sales as well as 600 American jobs, including those at companies that are part of the supply chain for the aircraft manufacturing industry. Therefore, the region presents lucrative growth prospects for the market's growth.
The US market dominated the North America Reverse Factoring Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $192.5 Billion by 2029. The Canada market is anticipated to grow at a CAGR of 14.1% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 13.1% during (2023 - 2029).
Based on Category, the market is segmented into Domestic and International. Based on Financial Institution, the market is segmented into Banks and Non-banking Financial Institutions. Based on End-use, the market is segmented into Manufacturing, Transport & Logistics, Information Technology, Healthcare, Construction and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HSBC Holdings plc, Barclays PLC, JPMorgan Chase & Co., Banco Bilbao Vizcaya Argentaria SA, Deutsche Factoring Bank GmbH & Co. KG (Deutsche Leasing), Drip Capital Inc., PrimeRevenue, Inc., Trade Finance Global, Tradewind GmbH, and Credit Suisse Group AG.
Scope of the Study
Market Segments covered in the Report:
By Category
- Domestic
- International
By Financial Institution
- Banks
- Non-banking Financial Institutions
By End-use
- Manufacturing
- Transport & Logistics
- Information Technology
- Healthcare
- Construction
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- HSBC Holdings plc
- Barclays PLC
- JPMorgan Chase & Co.
- Banco Bilbao Vizcaya Argentaria SA
- Deutsche Factoring Bank GmbH & Co. KG (Deutsche Leasing)
- Drip Capital Inc.
- PrimeRevenue, Inc.
- Trade Finance Global
- Tradewind GmbH
- Credit Suisse Group AG
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Reverse Factoring Market, by Category
- 1.4.2 North America Reverse Factoring Market, by Financial Institution
- 1.4.3 North America Reverse Factoring Market, by End-use
- 1.4.4 North America Reverse Factoring Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. North America Reverse Factoring Market by Category
- 3.1 North America Domestic Market by Country
- 3.2 North America International Market by Country
Chapter 4. North America Reverse Factoring Market by Financial Institution
- 4.1 North America Banks Market by Country
- 4.2 North America Non-banking Financial Institutions Market by Country
Chapter 5. North America Reverse Factoring Market by End-use
- 5.1 North America Manufacturing Market by Country
- 5.2 North America Transport & Logistics Market by Country
- 5.3 North America Information Technology Market by Country
- 5.4 North America Healthcare Market by Country
- 5.5 North America Construction Market by Country
- 5.6 North America Others Market by Country
Chapter 6. North America Reverse Factoring Market by Country
- 6.1 US Reverse Factoring Market
- 6.1.1 US Reverse Factoring Market by Category
- 6.1.2 US Reverse Factoring Market by Financial Institution
- 6.1.3 US Reverse Factoring Market by End-use
- 6.2 Canada Reverse Factoring Market
- 6.2.1 Canada Reverse Factoring Market by Category
- 6.2.2 Canada Reverse Factoring Market by Financial Institution
- 6.2.3 Canada Reverse Factoring Market by End-use
- 6.3 Mexico Reverse Factoring Market
- 6.3.1 Mexico Reverse Factoring Market by Category
- 6.3.2 Mexico Reverse Factoring Market by Financial Institution
- 6.3.3 Mexico Reverse Factoring Market by End-use
- 6.4 Rest of North America Reverse Factoring Market
- 6.4.1 Rest of North America Reverse Factoring Market by Category
- 6.4.2 Rest of North America Reverse Factoring Market by Financial Institution
- 6.4.3 Rest of North America Reverse Factoring Market by End-use
Chapter 7. Company Profiles
- 7.1 HSBC Holdings plc
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Recent strategies and developments:
- 7.1.4.1 Product Launches and Product Expansions:
- 7.2 Barclays PLC
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.3 JPMorgan Chase & Co.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.4 Banco Bilbao Vizcaya Argentaria SA
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Regional Analysis
- 7.5 Deutsche Factoring Bank GmbH & Co. KG (Deutsche Leasing)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental Analysis
- 7.6 Drip Capital Inc.
- 7.6.1 Company Overview
- 7.7 PrimeRevenue, Inc.
- 7.7.1 Company Overview
- 7.7.2 Recent strategies and developments:
- 7.7.2.1 Product Launches and Product Expansions:
- 7.7.2.2 Partnerships, Collaborations, and Agreements:
- 7.8 Trade Finance Global
- 7.8.1 Company Overview
- 7.9 Tradewind GmbH
- 7.9.1 Company Overview
- 7.10. Credit Suisse Group AG
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
LIST OF TABLES
- TABLE 1 North America Reverse Factoring Market, 2019 - 2022, USD Billion
- TABLE 2 North America Reverse Factoring Market, 2023 - 2029, USD Billion
- TABLE 3 North America Reverse Factoring Market by Category, 2019 - 2022, USD Billion
- TABLE 4 North America Reverse Factoring Market by Category, 2023 - 2029, USD Billion
- TABLE 5 North America Domestic Market by Country, 2019 - 2022, USD Billion
- TABLE 6 North America Domestic Market by Country, 2023 - 2029, USD Billion
- TABLE 7 North America International Market by Country, 2019 - 2022, USD Billion
- TABLE 8 North America International Market by Country, 2023 - 2029, USD Billion
- TABLE 9 North America Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
- TABLE 10 North America Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
- TABLE 11 North America Banks Market by Country, 2019 - 2022, USD Billion
- TABLE 12 North America Banks Market by Country, 2023 - 2029, USD Billion
- TABLE 13 North America Non-banking Financial Institutions Market by Country, 2019 - 2022, USD Billion
- TABLE 14 North America Non-banking Financial Institutions Market by Country, 2023 - 2029, USD Billion
- TABLE 15 North America Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
- TABLE 16 North America Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
- TABLE 17 North America Manufacturing Market by Country, 2019 - 2022, USD Billion
- TABLE 18 North America Manufacturing Market by Country, 2023 - 2029, USD Billion
- TABLE 19 North America Transport & Logistics Market by Country, 2019 - 2022, USD Billion
- TABLE 20 North America Transport & Logistics Market by Country, 2023 - 2029, USD Billion
- TABLE 21 North America Information Technology Market by Country, 2019 - 2022, USD Billion
- TABLE 22 North America Information Technology Market by Country, 2023 - 2029, USD Billion
- TABLE 23 North America Healthcare Market by Country, 2019 - 2022, USD Billion
- TABLE 24 North America Healthcare Market by Country, 2023 - 2029, USD Billion
- TABLE 25 North America Construction Market by Country, 2019 - 2022, USD Billion
- TABLE 26 North America Construction Market by Country, 2023 - 2029, USD Billion
- TABLE 27 North America Others Market by Country, 2019 - 2022, USD Billion
- TABLE 28 North America Others Market by Country, 2023 - 2029, USD Billion
- TABLE 29 North America Reverse Factoring Market by Country, 2019 - 2022, USD Billion
- TABLE 30 North America Reverse Factoring Market by Country, 2023 - 2029, USD Billion
- TABLE 31 US Reverse Factoring Market, 2019 - 2022, USD Billion
- TABLE 32 US Reverse Factoring Market, 2023 - 2029, USD Billion
- TABLE 33 US Reverse Factoring Market by Category, 2019 - 2022, USD Billion
- TABLE 34 US Reverse Factoring Market by Category, 2023 - 2029, USD Billion
- TABLE 35 US Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
- TABLE 36 US Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
- TABLE 37 US Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
- TABLE 38 US Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
- TABLE 39 Canada Reverse Factoring Market, 2019 - 2022, USD Billion
- TABLE 40 Canada Reverse Factoring Market, 2023 - 2029, USD Billion
- TABLE 41 Canada Reverse Factoring Market by Category, 2019 - 2022, USD Billion
- TABLE 42 Canada Reverse Factoring Market by Category, 2023 - 2029, USD Billion
- TABLE 43 Canada Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
- TABLE 44 Canada Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
- TABLE 45 Canada Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
- TABLE 46 Canada Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
- TABLE 47 Mexico Reverse Factoring Market, 2019 - 2022, USD Billion
- TABLE 48 Mexico Reverse Factoring Market, 2023 - 2029, USD Billion
- TABLE 49 Mexico Reverse Factoring Market by Category, 2019 - 2022, USD Billion
- TABLE 50 Mexico Reverse Factoring Market by Category, 2023 - 2029, USD Billion
- TABLE 51 Mexico Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
- TABLE 52 Mexico Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
- TABLE 53 Mexico Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
- TABLE 54 Mexico Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
- TABLE 55 Rest of North America Reverse Factoring Market, 2019 - 2022, USD Billion
- TABLE 56 Rest of North America Reverse Factoring Market, 2023 - 2029, USD Billion
- TABLE 57 Rest of North America Reverse Factoring Market by Category, 2019 - 2022, USD Billion
- TABLE 58 Rest of North America Reverse Factoring Market by Category, 2023 - 2029, USD Billion
- TABLE 59 Rest of North America Reverse Factoring Market by Financial Institution, 2019 - 2022, USD Billion
- TABLE 60 Rest of North America Reverse Factoring Market by Financial Institution, 2023 - 2029, USD Billion
- TABLE 61 Rest of North America Reverse Factoring Market by End-use, 2019 - 2022, USD Billion
- TABLE 62 Rest of North America Reverse Factoring Market by End-use, 2023 - 2029, USD Billion
- TABLE 63 Key Information - HSBC Holdings plc
- TABLE 64 Key Information - Barclays PLC
- TABLE 65 key information - JPMorgan Chase & Co.
- TABLE 66 Key Information - Banco Bilbao Vizcaya Argentaria SA
- TABLE 67 Key Information - Deutsche Factoring Bank GmbH & Co. KG
- TABLE 68 Key Information - Drip Capital Inc.
- TABLE 69 Key Information - PrimeRevenue, Inc.
- TABLE 70 Key Information - Trade Finance Global
- TABLE 71 Key Information - Tradewind GmbH
- TABLE 72 Key Information - Credit Suisse Group AG
List of Figures
- FIG 1 Methodology for the research
- FIG 2 North America Reverse Factoring Market Share by Category, 2022
- FIG 3 North America Reverse Factoring Market Share by Category, 2029
- FIG 4 North America Reverse Factoring Market by Category, 2019 - 2029, USD Billion
- FIG 5 North America Reverse Factoring Market Share by Financial Institution, 2022
- FIG 6 North America Reverse Factoring Market Share by Financial Institution, 2029
- FIG 7 North America Reverse Factoring Market by Financial Institution, 2019 - 2029, USD Billion
- FIG 8 North America Reverse Factoring Market Share by End-use, 2022
- FIG 9 North America Reverse Factoring Market Share by End-use, 2029
- FIG 10 North America Reverse Factoring Market by End-use, 2019 - 2029, USD Billion
- FIG 11 North America Reverse Factoring Market Share by Country, 2022
- FIG 12 North America Reverse Factoring Market Share by Country, 2029
- FIG 13 North America Reverse Factoring Market by Country, 2019 - 2029, USD Billion
- FIG 14 Recent strategies and developments: PrimeRevenue, Inc.
