diff --git a/model_utils/fields.py b/model_utils/fields.py
index 139a3dad..fb99991d 100644
--- a/model_utils/fields.py
+++ b/model_utils/fields.py
@@ -3,7 +3,6 @@
 import secrets
 import uuid
 import warnings
-from collections.abc import Callable
 
 from django.conf import settings
 from django.core.exceptions import ValidationError
@@ -340,7 +339,7 @@ def __init__(self, editable=False, max_length=128, factory=None, **kwargs):
             non-callable value for factory is not supported.
         """
 
-        if factory is not None and not isinstance(factory, Callable):
+        if factory is not None and not callable(factory):
             raise TypeError("'factory' should either be a callable or 'None'")
         self._factory = factory