No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.

FDA STATISTICS

Factors & Discounters Association SEPTEMBER 2002

CONTENTS

List of Contributors
Executive Summary – Aggregate Figures
Period End Balances Analysed by Client Turnover /
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No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.

FDA STATISTICS

Factors & Discounters Association SEPTEMBER 2002

CONTRIBUTORS

The members listed below contributed data for the period to September 2002:

A

Abbey National business Cashflow Finance Ltd
AIB Commercial Services Ltd
Alliance & Leicester Invoice Finance
Anglo Irish Bank
Aston Rothbury Factors Ltd /
H, I
HSBC Invoice Finance (UK) Ltd
ICC-Heller Ltd
Independent Growth Finance
Isis Factors Plc

B

Bank of America, NA
Bank of Ireland Commercial Finance, Belfast
Bank of Ireland Commercial Finance, Dublin
Bank of Scotland Cashflow Finance
Barclays Bank Plc, Sales Financing
Bibby Group of Factors Ltd
Burdale Financial Ltd /
L, M
Lloyds TSB Commercial Finance Ltd
Metropolitan Factors Ltd
C
Cattles Invoice Finance Ltd
City Invoice Finance Ltd
Close Invoice Finance Ltd /
N
National Australia Group Europe Ltd
NMB-Heller Ltd

D, E

Deutsche Financial Services (UK) Ltd
Eurofactor (UK) Ltd /
R, S
RDM Factors Ltd
SME Invoice Finance Ltd

F

First Trust Bank
Five Arrows Commercial Finance Ltd
Fortis Commercial Finance Ltd /
T
The Royal Bank of Scotland Commercial
Services Ltd
Transamerica Distribution Finance Ltd

G

Gaelic Cash Flow Finance Ltd
GE Capital Commercial Finance Ltd
GMAC Commercial Credit Ltd /
U, V
Ulster Bank Commercial Services, Dublin
Ulster Bank Commercial Services (NI) Ltd
Venture Finance Plc

EXECUTIVE SUMMARY

The statistics below represent the aggregate of all those members contributing data. Please note certain members may have contributed clients’ sales data but not period end data and vice versa.

CLIENTS’ SALES VOLUMES (£M)
(All products) / Quarter ended … / Year-to-date …
Sept’ 02 / Sept’ 01 / % Change / Sept’ 02 / Sept’ 01 / % Change
Domestic factoring
Domestic invoice discounting
Export factoring
Export invoice discounting
Import factoring / 4,486
21,554
239
643
184 / 4,262
17,145
230
609
171 / 5%
26%
4%
6%
8% / 12,717
60,700
692
1,893
542 / 12,227
50,034
699
2,067
533 / 4%
21%
-1%
-8%
2%
Total clients’ sales / 27,106 / 22,417 / 21% / 76,544 / 65,560 / 17%
Non recourse included in total above
Credit protection payments to clients / 2,942
3.3 / 2,726
5.6 / 8%
-41% / 8,352
11.7 / 8,094
12.2 / 3%
-4%
BALANCES AT PERIOD END (£M)
(All products) / Balances as at the end of …
Sept’ 02 / Sept’ 01 / % Change
Advances
Debtor outstandings
Other trading assets / 7,413
15,066
446 / 6,962
13,403
521 / 6%
12%
-14%
NUMBER OF CLIENTS AT PERIOD END (UNITS)
(All products) / Number of clients as at the end of …
Sept’ 02 / Sept’ 01 / % Change
Domestic factoring
Domestic invoice discounting
Export and mixed export + domestic
Import / 17,325
10,766
1,978
1,546 / 16,394
9,424
2,199
1,417 / 6%
14%
-10%
9%
Total number of clients / 31,615 / 29,434 / 7%

Analysis of advances and client numbers by size of client turnover

Client annual turnover bands / Number of clients at the quarter end / Advanced (quarter end balance £m)
£0 - £500,000
£500,001- £1,000,000
£1,000,001 - £5,000,000
£5,000,001 - £10,000,000
Over £10,000,000 / 13,318
5,687
9,426
1,790
1,394 / 398
456
2,089
1,094
3,376
Total / 31,615 / 7,413

No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.

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