The government has vowed to lift restrictive "Ban on Assignment" causes in contracts which prohibit small companies from using invoice finance against big business customers.
Read MoreThe amount of small and medium-sized enterprises seeking support from Hitachi Capital Invoice Finance has increased by more than 20 per over the past year.
Read MoreFactoring is a “double-edged sword” in the world of business. It is still given bad press by people who do not understand it; conversely, it has become a mainstream source of finance (and added-value service) as traditional bank facilities have become more difficult to source. Whether you love factoring or you hate it, in simple terms is has become a cost-effective, accessible and reliable way to fund your business.
Read MoreComplicated products and complex pricing turns businesses away from invoice finance
A leading invoice finance provider has criticised non-bank factoring companies for over-complicating products and confusing customers with complex fees.
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