Morpho Prepares Lending Markets Backed by Business Receivables

Morpho is preparing receivable-backed lending markets using Morpho Midnight, aiming to let businesses borrow against unpaid invoices and payment settlement claims while extending onchain credit beyond crypto collateral. The proposed markets would use a business’s right to receive a payment as collateral. Eligible claims could include invoices awaiting payment and receivables from transactions awaiting settlement. The business would borrow against the expected payment rather than sell the claim. Global factoring turnover reached €4.039 trillion in 2025, up 3.7% from €3.895 trillion in 2024. North American turnover was €160 billion, a 35.1% increase.

Source: TokenPost