U.S. Factoring Services Market Size Is Expected To Reach USD 287.61 Billion By 2030
San Francisco, 6 July 2022: The Report U.S. Factoring Services Market Size, Share, & Trends Analysis Report By Category, By Type, By Financial Institution, By End Use, And Segment Forecasts, 2022 - 2030 The U.S. factoring services market size is expected to reach USD 287.61 billion by 2030 and expand at a CAGR of 8.1% from 2022 to 2030, according to a recent report by Grand View Research, Inc. The market growth can be attributed to the increased awareness and understanding of supply chain financing benefits, and the rising implementation of digital platforms in trade financing. The COVID-19 outbreak significantly affected the U.S. economy leading to supply chain and market disruptions, and inducing a severe financial impact on enterprises and financial markets. As a result, several trucking companies, such as eCapital, Thunder Funding, RTS Financial, and Apex Capital Corp, are having to adapt to the shifts in the supply chain with the help of technological advancements. This w