• 18 Nov

    Reasons Why Fast Growing Businesses Miss Out On Invoice Finance

    This is a summary of the reasons non-users of invoice finance (84% of 100 high growth companies) gave for not considering invoice finance as a funding option for their high growth business (20%+ growth pa - note these values are rounded hence the total):

     

      • 27% invoice finance not mentioned as an option

     

      • 24% never heard of invoice finance

     

      • 12% thought it would be too expensive

     

      • 11% wasn't a homeowner

     

     

      • 7% too small

     

      • 5% didn't think I would qualify

     

      • 4% thought it was the last resort for failing companies

     


    More than half of these responses point to a lack of awareness of invoice finance as the key issue.

    By Glenn Blackman

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