The use of bio-based substances (BBS) obtained from composted biowaste as stabilizers for the production of silver nanoparticles (AgNPs) in substitution to citrate is investigated herein, evaluating the functionalization of natural fibers for textile antibacterial applications. The results obtained evidenced that BBS can substitute citrate as reducing/stabilizing agent in the synthesis, inducing a geometrical control (in shape and size) of the AgNPs. Two different substrates were selected (wool and cotton) and two dip-coating deposition techniques investigated. The release of AgNPs from the supports in water was evaluated under two different experimental conditions: 1) soaking (static conditions) for 7 and 15 days, simulating the contact with sweat, and 2) centrifugation (dynamic conditions), simulating a washing machine treatment. A wide physicochemical characterization was carried out to evaluate the effects of BBS on the morphology and stability of AgNPs suspensions as well as the functionalization effectiveness.