- 22 Oct
Most Popular Invoice Finance Products
I have just analysed the last 20 deals that we completed to see which invoice finance products were most popular.
Eleven were recourse factoring, four were non recourse factoring (with bad debt protection). Just two were confidential invoice discounting, one was export factoring, one was export CID and one was a debt collection facility.
Interesting that recourse factoring (funding with a credit control service) was by far the most popular product despite many in the industry believing that invoice discounting (funding without credit control support) is the product of choice for customers.