Organisation: Asset Based Finance Association

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

Concern as SMEs turn away from alternative finance

When the economic crisis was at its lowest point, there was great emphasis on the need for alternatives to traditional banking supports. Factoring, also known as invoice finance, was seen as one of the principle alternative financial intermediaries, offering a funding source for cash-strapped businesses by agreeing to pay the company up front the value of their sales invoice less a discount for commission and fees.

Mon, 19 Sep, 2016

€70m in working capital available for Irish SMEs

The Irish division of one of the world’s largest funders of small business — Bibby Financial Services — has announced details of €70m in working capital facilities available for SMEs through invoice finance.

Wed, 28 Jan, 2015

Over €500m in credit for Irish SMEs went untapped during third quarter

More than half a billion euro in credit was available to small and medium Irish businesses that went untapped in the third quarter due to firms failing to take advantage of invoice finance.

Thu, 20 Dec, 2012

SMEs neglect €500m of invoice financing

There was roughly €500m available in invoice finance to SMEs that went unused over the second quarter of the year, according to the trade body the Asset Based Finance Association.

Thu, 13 Sep, 2012