2023-2024 Growth Corporates Working Capital Index: Europe Edition

Working Capital Index Shows Strategic Deficit for European Middle Market Firms

2023-2024 Growth Corporates Working Capital Index: Europe Edition

Despite having the second-highest use of working capital solutions, European Growth Corporates are using it inefficiently. While top performers are thinking strategically, middle and bottom performers are thinking tactically at their own expense. PYMNTS Intelligence’s latest study of 195 European Growth Corporates, the “2023-2024 Growth Corporates Working Capital Index: Europe Edition,” a collaboration with VISA, explores the impact of working capital solutions on operations and business performance.

February 2024

  • 92%: Share of commercial travel European Growth Corporates that used financing in 2023
  • 37%: Share of commercial travel European Growth Corporates that used financing to cover shortfalls and emergencies
  • 33%: Share of European Growth Corporates planning to use working capital loans as their primary working capital solution in 2024

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    PYMNTS Working Capital Index