- 21 Mar
68% Of SMEs Think Invoice Finance Is Overpriced
We surveyed 100 SMEs regarding their thoughts about invoice finance pricing. We asked them:
Do you think that invoice finance is overpriced, underpriced or priced about right?
The results were as follows:
68% thought invoice finance was overpriced
32% thought invoice finance was priced about right
. . . and none of the respondents thought that invoice finance was underpriced.
Clearly this indicates that businesses think that the price of invoice finance, such as factoring and invoice discounting, is too high. This seems to reinforce the role of the invoice finance brokers who can shop around for you and find the best pricing that is available for your business.