With the emergence of a number of selective invoice finance facilities over recent years we wanted to find out what the market demand was for these types of facilities. Therefore we asked 100 randomly selected SMEs (very few were invoice finance users) the following question: “Would you expect businesses using invoice finance to prefer to [...]
Often it can be difficult to access funding and finance where there is a history of adverse or negative credit history surrounding a business or its directors. We have funding partners who are able to overcome that issue by focusing on the quality of the underlying invoices rather than the credit standing of the directors and [...]
We have noticed an increase in the level of competition regarding quoting for factoring and invoice discounting between factoring & invoice discounting companies over recent months.Over the last couple of years, following some of the fallout from the credit crunch, there was a marked decrease in the appetite of invoice finance companies to quote more [...]
Please feel free to download a copy of our latest invoice finance related research summary paper. This is the second in a series of summaries and it follows on from the previous one that we published: Invoice Finance Research Summary Part 2 It summarises the results of our research findings over the last few months regarding [...]
Being members of the FSB (Federation of Small Businesses) we receive the East Sussex Voice of Business publication. In the May/June 2011 publication on page 8 it mentions “Products to Support Business Growth”. Invoice finance, factoring and invoice discounting would seem key to this. The article provides a link to a PDF: http://www.bis.gov.uk/assets/biscore/enterprise/docs/s/11-776-solutions-for-business-government-funded-business-support.pdf The “Finance [...]
The membership of the UK Invoice Finance Group on Linkedin.com has broken through the 200+ barrier. Not bad when you consider that is equivalent to the entire staff of a mid-sized factoring company, and there are probably no more than a maximum of c. 90 factoring companies in the UK in total. To join our [...]
I have been continuing to dissect the results of our survey question to SMEs when we asked what they thought the invoice finance industry should do to better promote itself as a cash flow solution. The top answer (27% of respondents) as previously reported was that “Banks advertising” the products was the most popular methodology [...]
Invoice finance, such as factoring & invoice discounting, should be the natural choice for businesses that are anticipating problems raising business finance for their businesses. However, our research suggests that many businesses still anticipate problems raising business finance despite invoice finance being freely available. Of the 59% of businesses that said they were anticipating problems raising [...]
We have a new factoring offer which is currently available from one of our funding partners that is available to any qualifying buisnesses that contact Cashflow Acceleration. It is funding at 1% over base rate for the first 3 months of a factoring facility with our partner, on a contract that runs for 3 months. Contact us for the full [...]
One of our research questions to a sample of 100 SMEs was: “Do you anticipate any problems raising business finance in 2011?”. Their responses were as follows: Yes 59% No 41% We asked the same question last year when 71% of respondents said “Yes”, a 12 point percentage swing. This suggests that SMEs are expecting fewer [...]
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