Find out everything you need to know about invoice financing, from the typical eligibility criteria to reputable providers in the UK.
Amidst the array of challenges that SMEs in the UK face, such as securing investment, outpacing competitors and growing a customer base, the biggest obstacle to growth for 54 per cent of UK SMEs is a shortage of cash.
Britain’s small and medium-sized enterprises (SMEs) are under attack, with the unexpected perpetrators being their own customers and the country’s culture of late payments.
Growing businesses invest considerable time and energy pursuing new contracts – the bigger the better. However, securing a big win can increase pressure on the business and it is important to plan ahead to ensure the right resources are in place to support its rapid growth.
The use of asset-based finance by businesses is on the rise, according to new figures from industry body ABFA.
Up-and-coming invoice finance provider MarketInvoice has reached a milestone of £50m worth of funding to small businesses in two years.
Lending under the government ‘s flagship Enterprise Finance Guarantee (EFG) has nose-dived, according to a report out this week.
Ten reasons why your business should consider invoice financing.