Fynsa
Factoring has established itself as a key source of liquidity for the Peruvian business community, especially for micro and small businesses. This financial mechanism allows companies to sell their accounts receivable in exchange for immediate cash. Thanks to this model, thousands of businesses can receive up to 98% of the net value of their invoices in advance, significantly optimizing their cash flow by eliminating the 30-, 60-, or even longer wait for payment of their receivables.
The local market continues to show a strong upward trend. At the end of 2024, the cumulative amount of negotiable invoices reached USD 12.594 billion, a figure that accelerated significantly during the following year. At the end of 2025, the annual traded amount totaled USD 15.410 billion, representing a 22.36% increase over the previous period.
This progress has been driven by a larger pool of participants in the ecosystem. According to the most recent indicators, by the end of 2025 a total of 60,280 companies were participating as payers of negotiable invoices, while the number of suppliers using this tool increased by 21.01%. These results, supported by CAVALI’s infrastructure and oversight by SUNAT and the SBS, demonstrate the maturity of the instrument in the country.
Historically, MSMEs have accounted for more than 80% of businesses that sell their invoices. For this segment, factoring is vital, as it provides access to financing based on the creditworthiness of the debtor rather than solely on the seller’s credit history.
The growth of this market is a direct result of financial digitization and the mandatory adoption of electronic invoicing. The integration between Fintech platforms and the systems of regulatory bodies enables transactions to be recorded and processed in a matter of minutes, ensuring traceability and security for every transaction.
In conclusion, factoring has evolved from a niche alternative into an indispensable driver of working capital development in Peru. With projections of sustained growth, it is emerging as the strategic tool par excellence for boosting investment and the resilience of Peruvian companies in the face of today’s market challenges.
