A leading invoice finance provider has criticized non-bank factoring companies for over-complicating products and confusing customers with complex fees.

Nucleus Commercial Finance, which provides essential funding to SMEs in some of the most challenging business sectors including construction, state that some lenders are being disingenuous in their sales approach:

"Many providers offer a low service fee to entice borrowers in and then load on a high amount of disbursements which make the loan much more expensive than it seems," says Chirag Shah, Nucleus Commercial Finance Managing Director.

"Arrangement fNucleus Commercial Finance [1]