Invoice finance dominated the UK business lending landscape with £14.8bn lent in the second quarter of this year, according to figures released by the Asset Based Finance Association (ABFA).
The total was a nine per cent increase on the £13.6bn lent to businesses through invoice finance by ABFA members in the second quarter of last year, and means that the product is now outperforming all other types of business lending in the UK.
The total was a nine per cent increase on the £13.6bn lent to businesses through invoice finance by ABFA members in the second quarter of last year, and means that the product is now outperforming all other types of business lending in the UK.
