For Businesses
Technology
Spark's pulled together a deep dive into the deals completed within the Invoice Finance sector in 2024.
With powerful data and tech capabilities, the report is packed with insights:
- Growth Rates by Lender
– Who's on the up?
- Attrition Rates
– Who's keeping their clients and who isn't?
- New Charges by Sector & Region
– Which industries and locations are buzzing?
- Refactoring & Inter-Factor Transfers
– The nitty-gritty of movement between players.
- Estimated Facility Sizes
– A view on the scale of funding.
Spark's CCO, Jamie Davies, has commented:
"My two cents? After 15 years in the industry, one thing stands out: the numbers never stray far from the same story.
Growth is happening (great!), but attrition is climbing alongside it.
It’s a challenge - How do lenders crack the code of customer retention?
Maybe it’s time to lean on smarter tech solutions (ahem... Spark, anyone?)."
As a founder of multiple businesses, Jamie believes that mindset, discipline and ambition are key drivers for success, both for his businesses and for his clients.
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