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UK

Scrap metal firm expands with acquisition backed by community...

Total Metal Recovery has expanded its operations by acquiring skip hire firm A-Z Skips, supported by funding from ART Business Loans and BCRS Business Loans. The deal, backed by two six-figure facilities, enables the business to diversify its offering and...

#acquisition finance#ART#BCRS

UK insolvencies rise as unpaid invoices and energy costs...

UK business insolvencies have increased by 7% month-on-month, highlighting mounting pressure on SMEs as cashflow conditions tighten. Businesses are now…

#Bibby#Cash flow#insolvency


Ebury targets private markets with new treasury and FX...

Ebury has partnered with the Global Emerging Manager Institute (Global EMI) to expand its treasury, FX and cash management offering…

#cash management#Ebury#FX


UKEF backs £128mn export finance deal for Indonesia submarine...

UK Export Finance (UKEF) is backing a £128mn export finance deal to support the delivery of a submarine rescue system…

#ECA#export finance#Indonesia


Time Finance Grows Invoice Finance Team With New Appointment

Independent SME lender, Time Finance, has appointed Ria Seward as a Relationship Manager within its Invoice Finance division. Ria joins…

#invoice finance#SME lending#Time Finance


UK Supreme Court: banks can refuse LC payments due...

The UK Supreme Court has ruled that banks can refuse to make payments under letters of credit where sanctions restrictions…

#LC#Letters of Credit#sanctions


Time Finance urges tougher enforcement of late payment reforms

Time Finance has welcomed the UK government’s new crackdown on late payments, but warned that the reforms will need stronger…

#Ed Rimmer#late payments#sme finance


Payment delays continue to strain SMEs despite new UK...

Despite new UK government measures aimed at tackling late payments, SMEs continue to face significant pressure from delayed invoice settlements,…

#invoice finance#late payments#receivables finance


Banks continue retreat from SME lending as funding gap...

Banks are continuing to scale back lending to small and medium-sized enterprises (SMEs), contributing to a widening funding gap in…

#alternative finance#bank lending#factoring


UK introduces fines for late payments in major SME...

The UK government has unveiled new legislation targeting late payments, introducing stricter rules for large companies and significant penalties for…

#invoice finance#late payments#receivables finance


Qualco Technology Welcomes Sunny Bhachu as Growth Revenue Officer...

Qualco Technology, part of Qualco Group, today announced the appointment of Sunny Bhachu as Growth Revenue Officer for Western Europe,…

#fintech#Qualco#receivables finance technology


Longer payment terms increase pressure on SME cash flow

Payment terms are continuing to extend across key sectors, increasing pressure on SME cash flow and driving demand for working…

#Cash flow#invoice finance#payment terms

Banks pull back from SME lending as alternative finance...

Banks are continuing to scale back lending to small and medium-sized enterprises (SMEs), creating opportunities for alternative finance providers to…

#alternative finance#factoring#invoice finance

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