Did you know almost one in three companies using invoice finance facilities across the UK are in the manufacturing sector?
Here at SBF, we love manufacturers and find our facilities are really suited to manufacturers and helping to improve their cashflow. The sector is crucial to the UK’s economy.
Below is SBF’s rundown on the key facts and figures of the manufacturing industry, indicating its importance to the UK economy:
12% manufacturing output as % of GDP
£130.9 billion value added to UK economy (2009)
8% people employed in manufacturing
> 2.5 million people employed in UK Manufacturing
£11.7 billion value of UK manufacturing research & development investment
> 1.1 million vehicles produced in UK (2009)
8 global car manufacturers present in UK
50% of all Ford diesel engines produced in UK
> 130,000 manufacturers trading in UK
> 90% of UK manufacturers exporting products around the world
Knowledge for Small Business and Large Enterprises
We are pioneers in not just providing invoice factoring and invoice discounting to businesses up and down the country, but also in helping our clients grow and become better.
That's why we have a dedicated section of our website that focuses on offering free knowledge on a range of topics that you may find helpful for your business.