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Annual sales covered by invoice discounting or factoring for SMEs in the UK 2015

Published by Statista Research Department, May 12, 2016
This statistic illustrates the proportion of annual sales covered by factoring or invoice discounting for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2015. It can be seen that 21 percent of SMEs stated that 61 to 80 percent of annual sales are covered by factoring/ invoice discounting at that time.

Proportion of annual sales covered by factoring or invoice discounting for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2015

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Source

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Release date

May 2016

Region

United Kingdom

Survey time period

July to October 2015

Number of respondents

89 respondents

Special properties

SMEs that use invoice discouting or factoring

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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