Spotlight on: Invoice Finance and Asset-Based Lending
UK Finance has published some introductory videos aimed at helping business owners understand what these products are and how they work, how they can benefit businesses and the extent to which they already support the UK economy.
Click any of the below to learn more about the products through a series of short videos.
Introduction to Invoice Finance and Asset-Based Lending
Research shows that most business owners in the UK either do not know about invoice finance and asset-based lending, or do not understand how the products work. This brief introduction explains why the products are used by tens of thousands of businesses in the UK.
How Invoice Finance works
UK Finance data shows businesses selling goods or services to other businesses wait on average 50 days to be paid. This 5-minute explanation of how invoice finance works highlights how the product can help your business bridge that gap and improve cash flow.
Benefits for businesses
From speed of access to the flexibility these products offer, learn more about why businesses should consider these products when looking for finance.
Size and Importance of Invoice Finance and Asset-Based Lending
Despite the products being fairly unknown in the UK, they support a significant percentage of the UK economy. Find out more about the extent to which the products already support businesses, and types of businesses that use Invoice Finance and Asset-Based Lending.
Standards, Trust and Technology in Invoice Finance and Asset-Based Lending
Find out more about how the majority of invoice finance and asset-based lending providers adhere to a set of industry standards, and how trust and technology are playing their part in making these products appealing for businesses across the UK.
