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Quarterly invoice finance sales volumes in the UK Q1 2016-Q1 2018, by factoring type

Published by Jennifer Rudden, Nov 23, 2020
This statistic presents the development of quarterly client sales volumes in factoring (invoice finance) in the United Kingdom (UK) from the first quarter of 2016 to the first quarter 2018. In the first quarter of 2018, domestic invoice discounting sales reached almost 58.2 billion British pounds.

Quarterly sales volumes in factoring (invoice finance) in the United Kingdom (UK) from 1st quarter 2016 to 1st quarter 2018, by factoring type (in million GBP)

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Source

Release date

2018

Region

United Kingdom

Survey time period

1st quarter 2016 to 1st quarter 2018

Supplementary notes

Factoring is a type of debt financing, in which invoices (accounts receivable) are sold to a third party at a discount in order to meet funding needs.

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