In recent years, asset-based finance has become a mainstream funding product and common source of finance for many SMEs in Ireland. Research conducted by Asset Based Finance Association (ABFA) Ireland has found that, at any one time in the past year, an average of €1.3 billion in asset-based finance was being used by 2,000 Irish businesses.
Our research also found that advances to smaller Irish companies, with sales of less than €500,000, increased from €52 million...
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