- 14 Jan
SMEs Often Over Estimate And Expect To Pay 4% Of Turnover For Factoring
In order to better understand client's expectations regarding the price of factoring we questioned a random sample of 100 SMEs about the cost of factoring. We asked them what percentage of their turnover they would expect to pay for factoring. The average value they gave was 3.93% i.e. a fraction under 4%.In some cases though the price of factoring can be way below this estimate, maybe between 1...
- 10 Jan
New Factoring, Invoice Discounting & Invoice Finance Articles
There are a number of new articles about factoring, invoice discounting and invoice finance that have now been added to our main site:...
- 06 Jan
Why 56% Of SMEs Prefer An Independent Invoice Finance Company
When we spoke to a sample of SMEs we were told that 56% of them would prefer to use an independent invoice finance company rather than a bank owned company for their factoring or invoice discounting facilities. These are the reasons they gave for that choice:...