The role of factoring in financing UK SMEs: a supply side analysis
Journal of Small Business and Enterprise Development
ISSN: 1462-6004
Article publication date: 1 March 2001
Abstract
This paper focuses upon the role of factoring in small business finance and the profile of firms using it. The analysis refers to a comprehensive survey of UK providers of factoring services. This identifies the relatively focused provision of factoring in terms of size, age, sector and stage of growth of the client base (ie businesses) using this financial service. For those using factoring, the service may provide a valuable improvement to cash flow and working capital position and can possibly contribute to small business growth and development. In its present format, however, factoring is not the potential financial solution for all firms across all industries.
Keywords
Citation
Soufani, K. (2001), "The role of factoring in financing UK SMEs: a supply side analysis", Journal of Small Business and Enterprise Development, Vol. 8 No. 1, pp. 37-46. https://doi.org/10.1108/EUM0000000006811
Publisher
:MCB UP Ltd
Copyright © 2001, MCB UP Limited