- 14 Jan
SMEs Often Over Estimate And Expect To Pay 4 Percent Of Turnover For Factoring
In order to better understand the client's expectations regarding the price of factoring we questioned a random sample of 100 SMEs about the cost of factoring. We asked them what percentage of their turnover they would expect to pay for factoring. The average value they gave was 3.93% i.e. a fraction under 4%.
Learn more about SME Invoice Financing.
In some cases though the price of factoring can be way below this estimate, maybe between 1 and 2% of turnover which suggests that expectations are that the cost of factoring is going to be more expensive than it is likely to be in practice.
SMEs Often Over Estimate And Expect To Pay 4 Percent Of Turnover For Factoring
Call us: 03330 113622
