Shares of invoice finance companies saw a surge in late May after industry data showed SME borrowing through invoice discounting jumped 10% year-on-year. Traders expect near-term testing of $50 price level on leading stocks. When comparing options, businesses should look beyond the straight cost. Control provisions, personal guarantees, and the effect on customer relationships all matter. While factoring may involve customers dealing directly with a factor, PO financing usually remains behind the scenes. Ed Rimmer, CEO of Time Finance, said the initiative comes at a crucial time for UK businesses: Global invoice finance volumes rose to $2.3B in April, lifting valuation sentiment for listed providers. Cross-border receivable solutions are drawing interest from growth-focused fund managers.
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