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Factoring or invoice discounting application outcomes for SMEs in the UK 2019

This statistic illustrates the outcome of factoring/ invoice discounting applications for small and medium enterprises (SMEs) in the United Kingdom (UK) during 2019. It can be seen that five percent of SMEs in the UK stated that their factoring/ invoice discounting applications were completely unsuccessful at that time. Although this was the case, over three quarters of SMEs stated that their factoring/ invoice discounting applications were completely successful in 2019.

Outcome of factoring or invoice discounting applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019

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Source

Release date

June 2020

Region

United Kingdom

Survey time period

July 2019 to February 2020

Number of respondents

13*

Special properties

SMEs that applied for factoring/ invoice discounting in the last 12 months

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

Survey was conducted among small and medium businesses with employees. Three categories were distinguished, based on employees numbers: micro businesses (1 to 9 employees), small businesses (10 to 49 employees) and medium businesses (50 to 250 employees).

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Statistics on "Small and medium enterprises financing in the United Kingdom"

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