News Article

Factoring & Invoice Discounting

RSM Tenon helps promote the achievements of the invoice finance industry

By CreditMan Monday, July 4, 2011

RSM Tenon has sponsored a one-of-its kind supplement about invoice financing with Business Money, a leading financial publication.

Called “Invoice finance, the 2010 success story”, the 36-page document lays out details about the invoice finance market, including articles from leading industry experts, and descriptions and contact details for the UK’s leading invoice financiers. It represents RSM Tenon’s first sponsorship of its kind.

Copies of the magazine have been distributed direct to accountants, asset based lenders and solicitors, but the e-version of the magazine can be read here.

Carl Jackson, Head of RSM Tenon’s Recovery service line, said: “Invoice financing is a hugely expanding area with over 42,000 front line UK companies using this medium of financing. In 2010 the UK market for factoring and invoice discounting grew by 10% in 2010 with total sales of £212bn. Many of our clients have seen the benefits of this form of financing and we have a dedicated business finance team to provide advice. This supplement provides details of some of the UK invoice financiers and details of our own business finance team’.

To contact RSM Tenon’s Business Finance team please call 0800 9888084