- 01 Sep
Finance Cost Is The Biggest Issue That Is Being Addressed By Some Invoice Finance Companies
The research that we have published in the past demonstrated that 41% of SMEs thought that cost was the biggest reason for businesses not taking up invoice finance. Our research has also revealed that 100% of SMEs think that the availability of business finance has reduced over the last year and 86% also believe that the cost has increased over the same period.
This may be true generally but there are some invoice finance companies amongst our partners that have moved positively regarding this issue. Some of our providers are able to offer invoice finance for a service charge as low as £2,000 per annum.