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The end of factoring?
21 January 2010
According to a survey of UK accountants, the invoice finance industry uses too much jargon and should drop terms such as factoring and invoice discounting in favour of simpler terms like cashflow finance.
Read more:
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According to a survey of UK accountants, the invoice finance industry uses too much jargon and should drop terms such as factoring and invoice discounting in favour of simpler terms like cashflow finance.
The survey, commissioned by invoice and asset based lender Venture Finance, interviewed 1,000 UK accountants during 2009. A majority, 61%, indicated that the invoice and asset based...
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