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
Characteristic
Share of businesses
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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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GOV.UK. (May 12, 2016). Proportion of annual sales covered by factoring or invoice discounting for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2015 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/594633/sme-factoring-invoice-discounting-sales-coverage-united-kindom-uk/
GOV.UK. "Proportion of annual sales covered by factoring or invoice discounting for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2015." Chart. May 12, 2016. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/594633/sme-factoring-invoice-discounting-sales-coverage-united-kindom-uk/
GOV.UK. (2016). Proportion of annual sales covered by factoring or invoice discounting for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2015. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/594633/sme-factoring-invoice-discounting-sales-coverage-united-kindom-uk/
GOV.UK. "Proportion of Annual Sales Covered by Factoring or Invoice Discounting for Small and Medium Enterprises (Smes) in The United Kingdom (Uk) as of 2015." Statista, Statista Inc., 12 May 2016, https://www.statista.com/statistics/594633/sme-factoring-invoice-discounting-sales-coverage-united-kindom-uk/
GOV.UK, Proportion of annual sales covered by factoring or invoice discounting for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2015 Statista, https://www.statista.com/statistics/594633/sme-factoring-invoice-discounting-sales-coverage-united-kindom-uk/ (last visited August 25, 2024)
Proportion of annual sales covered by factoring or invoice discounting for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2015 [Graph], GOV.UK, May 12, 2016. [Online]. Available: https://www.statista.com/statistics/594633/sme-factoring-invoice-discounting-sales-coverage-united-kindom-uk/