Dynamic growth expected in the Hungarian factoring market after a slight downturn
According to the first quarter 2021 statistics of the Hungarian Factoring Association, factored turnover increased by only 1%. However, based on the experience of Péntech, interest in digital factoring services has already increased significantly after the economy has resumed.
Although the pandemic has led to a more subdued growth rate in the Hungarian factoring market than in recent years, the restart of the economy will certainly have a positive impact on this segment as well.
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