Factoring market in Poland continues to grow. According to the press release of the Polish Factors Association published on April 20, 2017, factoring finance in Q1 reached a volume of 41.4 billion PLN, which makes almost 21% growth compared to Q1 2016 results (34.3 bln. PLN).
7.9 thousand customers in Poland used factoring services for invoice financing in Q1 2017. A year ago that number was 6.8 thousand.
Number of financed invoices during Q1 2017 is close to 2 million. The average value of a single invoice reached 21 thousand PLN.
Full text of press release is available in Polish here