The seven banks and non-bank lenders that provide 'invoice finance' in Ireland expect demand to grow as firms reopen after virus lockdowns - and face a long list of unpaid invoices in their sales ledgers.
The Irish Asset and Invoice Finance Association (IAIFA) published its 2019 results today. These show that 1,600 small and medium-sized enterprises used €28.6bn in invoice and other asset-based financing last year.
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