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Business & Economics

7 in 10 SMEs missing out on benefits of invoice finance: survey

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Summary
Nutrition label

72% Informative

New data from independent business finance provider Time Finance has revealed a lack of SME awareness and understanding of invoice finance.

Only 28% of SMEs are aware of and use Invoice Finance , with 44% choosing not to build it into their financial planning.

The data forms part of Time Finance’s Finance Apathy survey in partnership with Censuswide .

VR Score

75

Informative language

76

Neutral language

65

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links