Received some independent research yesterday from a factoring company. Apparently alternative finance options have increased in popularity, with 52% of accountants saying it is now an "attractive source of funding for their clients", with asset based funding increasing by 30% in the last quarter of 2007.
Unfortunately these figures exclude invoice assets. As no invoice figures were supplied with the research we presume this market-place is pretty flat in-line with our experience and what we are hearing from our factoring suppliers.
No comments:
Post a Comment