Electronic factoring gains weight in GDP and redefines Latin America's progress, with Colombia as a protagonist
More and more companies are betting on this income generation method. Photo: Image generated with artificial intelligence.
TL;DR
- Electronic factoring, converting electronic invoices into immediate cash, is now a key economic infrastructure impacting growth in Latin America and Spain.
- Spain leads in GDP contribution (18.5%), followed by Chile (16%) and Peru (4%).
- Colombia's electronic factoring represents 3% of its GDP in 2025, comparable to Mexico and above Brazil (2.5%), with significant recent expansion.
- Mass adoption of electronic invoices as negotiable instruments is driving growth in Colombia, with over 1.4 million issuers and 31 million daily electronic invoices.
- Strategic implementation involving tax digitalization, legal security, and clear negotiation rules is more critical than technology for leading countries.
- Electronic factoring formalizes operations, improves credit access for SMEs, reduces information asymmetries, and enhances risk assessment.
- Economies that treat electronic factoring as infrastructure will gain productivity and growth advantages over those that do not.
- F&M_eBILL has been instrumental in Colombia's ecosystem, managing the first electronic invoice endorsement and holding 36% of RADIAN endorsements.
- Over five million companies in Latin America and Spain are projected to adopt electronic invoices as negotiable instruments by 2026.