• 23 Nov

    56 Percent of SMEs Prefer An Independent Invoice Finance Company

    We asked 100 SMEs whether they would prefer a bank-owned invoice finance company or an independent invoice finance company.

    The results were as follows:

      • 56% preferred an independent invoice financier
      • 33% preferred a bank-owned invoice financier
      • 11% said either

    This is an interesting result when you consider that bank-owned invoice finance companies have a much larger share of the invoice finance market than the independents despite the fact the suggestion from these results that they would actually prefer to use an independent company.

    Learn more about SME Invoice Finance.

    I will be looking at the reasons why over the next few days.

    By Glenn Blackman

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