Are lenders pulling the plug on finance?
13 September 2012
As an AIM-listed recruiter goes to the wall, Colin Cottell asks whether invoice discounters are really shutting the door on vulnerable clients
Recent comments made by IT, banking and legal recruiter Greatfleet (see p5), which went into administration last week, that difficulties with its invoice financing were a factor in its demise
have brought the issue to the fore.
Invoice discount finance providers lend money on the basis of raised invoices allowing recruiters to bridge the gap between paying the...
have brought the issue to the fore.
Invoice discount finance providers lend money on the basis of raised invoices allowing recruiters to bridge the gap between paying the...
