The AR Factor - What Receivables Finance really means to Europe's top Four economies
GE Capital has produced a detailed report entitled The AR Factor which assesses the benefits that Accounts Receivable Finance (Receivables Finance) brings to Europe s four largest economies as well as to the businesses that use it.
The econometric modelling undertaken for this report reveals that by 2020, at current rates of growth and usage, just under €59 billion of combined quarterly GDP across France, Germany, Italy and the UK and 1.66 million jobs would be reliant on the existence of AR finance. Perhaps more importantly, should AR finance usage increase to higher levels of uptake the impact on future growth could be vast. By 2020, under this scenario, the combined GDP of those four nations could grow by an additional €53 billion per quarter and an additional 937,000 jobs could be created. In the first of a series of five articles BCR Factorscan publishes extracts from GE’s summary findings across the four economies and in subsequent articles ...
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