Another result from our survey of 100 high growth businesses (20%+ growth pa). As previously reported 12% of our sample used invoice finance and we asked the remaining 88% if they had considered using invoice finance to funding their high growth business.
Only 5% of the fast growing businesses that were non users (the 88%) had even considered invoice finance as an option – many of the reasons for not considering it that we have seen in previous surveys were mentioned e.g. not having heard of it. I will publish a full list of the reasons shortly.