- 10 Aug
Asset Based Lending Industry Loses Another 347 Clients In Q1 2010
Statistics from the ABFA (Asset Based Finance Association) for the first quarter of 2010 show that their members recorded an overall net decrease in client numbers of 347 during the quarter.
These figures include members clients using the following products: domestic factoring, domestic invoice discounting, export and mixed export & domestic, import factoring, stock finance and ABL (asset based lending) facilities.
Conversely we have continued to grow our own client numbers in Q1, bucking the industry trend, by searching the market for clients and finding them the best deals that are available.