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According to a recent survey, 55 per cent of UK Northern SMEs have seen overdrafts reduced or withdrawn in last two years, increasing use of alternative finance, such as invoice finance, asset finance, bridging loans and peer-to-peer lending (more…)
#bank#business finance#invoice
As part of an operational review in to its business, APC has extended its GBP6m invoice finance facility with ABN…
#commercial finance#invoice#working capital
For more than 20 years the UK factoring and discounting industry has questioned whether it should be statutorily regulated (more…)
#anti-money laundering#FCA#invoice
Following Josep Selles’s departure as General Manager of Eurofactor, Spain in July, trfnews can exclusively report that he has now…
#confirming#factoring and confirming#international
Bibby Financial Services (BFS), has announced the opening of its South London Business Centre in Redhill, Surrey (more…)
#financial services#funding#late payment
Aldermore has announced the launch of Pay & Bill Finance, a new invoice finance solution to help temporary recruitment agencies…
#Aldermore#cash-flow#HMRC
A South Lanarkshire roofing company is eyeing further expansion across the south of England after receiving a seven-figure funding package…
#bank#cash-flow#invoice
Factoring is among the priorities of the Strategy of development of small and medium sized enterprises up to 2030 (more…)
#assignment#confirming#receivables
The UK hospitality industry is going from strength to strength and hotel businesses in particular are growing as a result…
#alternative lending#bank#invoice
The Russian Association of Factoring Companies (AFC) reported on the outcome of the October 15, 2015 extraordinary general meeting of…
#conference#international#management
Smaller food and drink producers are waiting more than two weeks longer than their larger competitors to receive payment from…
#invoice#late payment#payment delays
STR Holdings has announced that the company's wholly owned Spanish subsidiary, Specialized Technology Resources Espaсa S.A., entered into a factoring…
#LIBOR#liquidity#receivables
Manchester based invoice finance specialists Positive Cashflow Finance (Positive) have revealed a 25 per cent increase in pre-tax profits, growing…
#funding#invoice#Phil Chesham