Glenn Blackman | Invoice Finance, Factoring & Invoice Discounting

Posted by Glenn on June 26th, 2009 in 2 - Factoring

The latest Asset Based Finance Association (ABFA) statistics have been published and can be viewed here:
http://www.abfa.org.uk/statistics/ABFAStatsQ12009.pdf
They show reductions in the amount of funds provided and contractions in client turnover but they also show a reduction of c. 3% in the actual number of clients across the members.
The invoice finance market is tough but we are [...]

Posted by Glenn on June 23rd, 2009 in 2 - Factoring

It is interesting to note that we have had a number of enquries recently from businesses who already use factoring and are looking to change providers but NOT in order to save on cost. What we have noticed about some of these recent factoring enquiries is that they are driven by a need for an improvement in service levels [...]