According to new data the demand for invoice finance is expected to grow by 21 per cent this year in comparison to 2017.
Last year’s lending figures were also eminent throughout spring and summer, with SME’s most likely to seek invoice finance between May and August.
Overall enquiries for cashflow finance also increased significantly in June, suggesting seasonal demand. Staff holidays and overall reduced business hours have a consequential impact on the demand for such funding.
See more at: http://www.bmmagazine.co.uk/news/demand-cashflow-finance-expected-rise-2018/