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The Market
Since the 1980's, the invoice finance industry has become recognized as a major source of working capital by the Owner-Managed Business sector.
Invoice and asset-base finance have displaced bank overdrafts and loans because they provide more funding for growth and usually involve the business owners in less onerous security requirements.
In recent years, the debtor finance industry has evolved to include trade and stock finance.
FactoringChoice keeps abreast of new developments introduced by some of the 60, or so, invoice finance companies so that appropriate funding solutions can be offered to businesses seeking to improve their cashflow.
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