- 31 Mar
Invoice Finance Clients Don't Change Providers Often
The fact that only 11% of respondents to our survey of invoice Finance users said that they had used more than two finance companies, indicates that clients do not tend to chop and change providers very often. This is contrary to the perceptions of some parties that believe invoice finance clients are constantly moving around the industry.
The fact is that the low average number of providers used over a client's life and the extended average client life, that I have reported in previous posts, suggests that the invoice finance market is in fact very stable.