- 05 Jul
New Start Ups Don't Realise Invoice Finance Is A Funding Option
Our recent survey of 100 new start up businesses found that 31% were unable to raise all the funding that they wanted but none of those with funding restrictions considered using invoice finance. Their reasons for not considering invoice finance, given by the 31 respondents that couldn't get enough funding, were as follows:
- 14 said they didn't think it was an option for start ups
- 7 said they hadn't heard of invoice finance
- 7 said invoice finance wasn't offered
- 3 said they had heard that invoice finance was expensive
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