News

Invoice finance surges

August 02, 2017 • By TAB Content

More UK businesses are turning to invoice finance as a means to cover working capital. The invoice finance sector has grown 14% over the past year to £21.9bn.

 

Leading platform MarketInvoice has funded over £1bn in invoices since launching in 2011, according to data from TAB, with volumes up 57% since this time last year.
We expect new entrants to join the sector as the technology becomes more widely accepted. Sector growth should follow. 

Chart showing volumes raised by MarketInvoice since inception in 2013