In our market survey of 100 SME's we asked them how the time taken by customers to pay sales invoices had changed over the last year.
66% of respondents thought the time taken to get sales invoices paid had increased.
Of these respondents only 1 had ever used an invoice finance facility. Factoring companies can often achieve a much improved debt turn for their clients i.e. chasing in payments quicker.
More coming soon . . .