Invoice Finance 19% Overpriced On Average
My previous post revealed that 68% of SMEs we spoke to said that they thought that invoice finance was overpriced. We asked them by how much, and these were their replies:
• 2% of respondents felt it was overpriced by 5%
• 10% of respondents felt it was overpriced by 10%
• 19% of respondents felt it was overpriced by 20%
• 46% of respondents felt it was overpriced by 25%
• 2% of respondents felt it was overpriced by 35%
• 19% of respondents felt it was overpriced by 50%
• 2% of respondents felt it was overpriced by 100%
Thats c. 19% overpriced on average.
We would happily try and find any prospective client a saving of 19% on their current invoice financing costs via our Free, Independent Factoring & Invoice Discounting Quotation Search Service
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March 23rd, 2011 at 11:52 am
A graphical representation of those responses can be found here: http://www.cashflow-acceleration.co.uk/images/percentage-invoice-finance-overpriced.jpg