Canada Factoring Services Market Size & Outlook, 2026-2033

The factoring services market in Canada is expected to reach a projected revenue of US$ 72.8 million by 2033. A compound annual growth rate of 14.1% is expected of Canada factoring services market from 2026 to 2033.
Revenue, 2025 (US$M)
$26.1
Forecast, 2033 (US$M)
$72.8
CAGR, 2026 - 2033
14.1%
Report Coverage
Canada

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Canada factoring services market, 2021-2033 (US$M)

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Canada factoring services market highlights

  • The Canada factoring services market generated a revenue of USD 26.1 million in 2025 and is expected to reach USD 72.8 million by 2033.
  • The Canada market is expected to grow at a CAGR of 14.1% from 2026 to 2033.
  • In terms of segment, manufacturing was the largest revenue generating end use in 2025.
  • Healthcare is the most lucrative end use segment registering the fastest growth during the forecast period.


Factoring services market data book summary

Market revenue in 2025USD 26.1 million
Market revenue in 2033USD 72.8 million
Growth rate14.1% (CAGR from 2026 to 2033)
Largest segmentManufacturing
Fastest growing segmentHealthcare
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationInformation Technology, Construction, Manufacturing, Transport & Logistics, Staffing, Healthcare, Others End Use
Key market players worldwideBarclays PLC, BNP Paribas Act. Cat.A, China Construction Bank Corp Class H, Deutsche Bank AG, Eurobank Ergasias Services And Holdings SA, Hitachi Ltd, HSBC Holdings PLC ADR, Industrial And Commercial Bank Of China Ltd Class H, Kuke Music Holding Ltd ADR, Mizuho Financial Group Inc, Societe Generale SA, Transcontinental Realty Investors Inc


Other key industry trends

  • In terms of revenue, Canada accounted for 0.5% of the global factoring services market in 2025.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. factoring services market is projected to lead the regional market in terms of revenue in 2033.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 135.6 million by 2033.

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Factoring Services Market Companies

Name Profile # Employees HQ Website
Transcontinental Realty Investors Inc View profile - 1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, United States, 75234 http://www.transconrealty-invest.com
Kuke Music Holding Ltd ADR View profile 108 4 San Jian Fang South Block, Building 96, Chaoyang District, Beijing, China, People's Republic of, 100024 https://www.kuke.com
Industrial And Commercial Bank Of China Ltd Class H View profile 419252 3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, Hong Kong https://www.icbc-ltd.com
Eurobank Ergasias Services And Holdings SA View profile 10749 8 Othonos Street, Athens, Greece, 105 57 https://www.eurobankholdings.gr
China Construction Bank Corp Class H View profile 376871 No. 25, Finance Street, Xicheng District, Beijing, China, People's Republic of, 100033 http://www.ccb.com
Barclays PLC View profile 92400 1 Churchill Place, London, United Kingdom, E14 5HP https://www.barclays.com
HSBC Holdings PLC ADR View profile 221000 8 Canada Square, London, United Kingdom, E14 5HQ https://www.hsbc.com
Societe Generale SA View profile 126000 29, Boulevard Haussmann, Paris, France, 75009 https://www.societegenerale.com
Mizuho Financial Group Inc View profile 64402 1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, Japan, 100-8176 https://www.mizuho-fg.co.jp
BNP Paribas Act. Cat.A View profile 182656 16, Boulevard Des Italiens, Paris, France, 75009 https://group.bnpparibas
Deutsche Bank AG View profile 90130 Taunusanlage 12, Frankfurt am Main, HE, Germany, 60325 https://www.db.com
Hitachi Ltd View profile 322525 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 http://www.hitachi.com

Canada factoring services market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to factoring services market will help companies and investors design strategic landscapes.


Manufacturing was the largest segment with a revenue share of 31.8% in 2025. Horizon Databook has segmented the Canada factoring services market based on information technology, construction, manufacturing, transport & logistics, staffing, healthcare, others end use covering the revenue growth of each sub-segment from 2021 to 2033.


The demand for factoring services in Canada is largely driven by the need for improved cash flow solutions among small and medium-sized enterprises (SMEs), particularly in industries with extended payment cycles, such as manufacturing, logistics, and wholesale trade.

Additionally, Canada’s growing export market has increased the demand for export factoring, allowing companies to manage crossborder transactions with reduced risk.

The rise of digital factoring platforms also supports the growth of this service by simplifying processes and making it more accessible to businesses seeking flexibility in cash flow management. In March 2023, Factoring Companies Canada launched an online portal to assist businesses in selecting the ideal invoice factoring provider.

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Target buyers of Canada factoring services market databook

  • Our clientele includes a mix of factoring services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada factoring services market , including forecasts for subscribers. This country databook contains high-level insights into Canada factoring services market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Canada factoring services market size, by category, 2021-2033 (US$M)

Canada Factoring Services Market Outlook Share, 2025 & 2033 (US$M)

Canada factoring services market size, by category, 2021-2033 (US$M)

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