• 56% of SMEs Prefer An Independent Invoice Finance Company

    We asked 100 SMEs whether they would prefer a bank owned invoice finance company or an independent invoice finance company.

    The results were as follows:

    • 56% preferred an independent invoice financier

    • 33% preferred a bank owned invoice financier

    • 11% said either

    This is an interesting result when you consider that bank owned invoice finance companies have a much larger share of the invoice finance market than the independents despite the fact the suggestion from these results that they would actually prefer to use an independent company.

    I will be looking at the reasons why over the next few days.

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