Commercial Finance

Commercial Finance is divided up into four principal options:

• Asset Finance and Leasing
• Asset Based Lending
• Factoring
• Invoice Discounting

Asset Finance, Asset Based Lending and Invoice Finance (the generic term for factoring and invoice discounting, also known as receivables finance) all have a growing part to play in SME and mid-market business to business sectors.

Over the last ten years, the commercial finance industry has seen overall growth of 398 per cent, with an increase of 527 per cent in domestic invoice financing over this time (Source Factors & Discounters Association - FDA).

Just ten years ago only 13,000 companies in the UK used invoice finance. Now this has increased to 43,000 UK businesses being advanced over £11 billion by FDA members.