Technology investment pays off as lender sees record growth in customers

Andy Dodd
Telford-based lender Hitachi Capital Invoice Finance, part of Hitachi Capital (UK) has seen record growth in customer numbers for the second consecutive year, contributing to the wider group’s 5.8% rise in pre-tax profit to £123.1m for 2018/19. Hitachi Capital Invoice Finance recorded a 17% increase in new clients year-on-year, which it says is a “notable achievement” within a static invoice finance market. The business unit’s growth is a direct result of major investment that has included the introduction of AI-powered... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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