Debtor Finance - Growth

Growth

The use of debtor financing has grown strongly, as it has become more widely recognised as a valuable financing tool, supplementing or replacing traditional overdrafts or fixed-limit business loans. Internationally, debtor finance business has grown from €40 billion in 1978 to over €580 billion in 2003, provided by more than 1,000 companies, most of whom are associated with international banks. This volume is greater than the business written each year in leasing.

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Famous quotes containing the word growth:

    When I have plucked the rose,
    I cannot give it vital growth again,
    It needs must wither. I’ll smell it on the tree.
    William Shakespeare (1564–1616)

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    Sensuality often accelerates the growth of love so much that its roots remain weak and are easily pulled up.
    Friedrich Nietzsche (1844–1900)