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Reporting on payment practices in UK

The Reporting on Payment Practices and Performance Regulations 2017 came into force on 6 April 2017. Although the ... (more…)

#payment practices

UK Bribery Act first contested failure-to-prevent case

The first contested “failure to prevent” case, in which a company sought to rely on having adequate procedures in place,…

#compliance#Paid#risk


Financial services provider acquires equity stake in Demica

...has made a number of strategic investments and senior appointments to drive forward its rapid development as a financial services…

#bank#fintechs#international


How will CCDS change the SME lending market in...

The Commercial Credit Data Sharing (CCDS) scheme may reduce the SME finance gap, an industry expert has claimed... (more…)

#SME lending


UK Carillion collapse reveals shortcomings in accounting reverse factoring...

Carillion’s collapse has highlighted a flaw in accounting practice that hid millions of pounds worth of debt from the construction…

#bank#Carillion#cash-flow


UK Chancellor’s spring statement raises comments from SMEs lenders

Following the UK Chancellor’s spring Statement, Stephen Whelan, business relationship manager at Spotcap UK, shares his views... (more…)

#British business#small businesses#smes


UK accountant firm expands with new commercial finance arm

...has expanded the business by branching out into the commercial finance sector... (more…)

#commercial finance


UK commercial finance firm provides £15m ABL facility

...has provided a £15m asset-based lending facility for ... (more…)

#bank#Clear#commercial finance


UK ABL provider selects ‘encompass confirm’ for KYC

The specialist asset-based lending subsidiary of ... has selected ‘encompass confirm’ the product of encompass corporation to support and enhance…

#Leumi ABL


UK SME bank lending declines significantly due to Brexit...

The situation is a mixed and somewhat confusing one in the lending space for business loans to SMEs... (more…)

#SME lending


UK commercial finance provider introduces VAT funding

...has announced a change to the way customers can repay a loan by offering the option to fund VAT across…

#business finance#commercial finance#Hitachi Capital Business Finance


Tackling late payments in an uncertain business landscape in...

Tim Vine, Head of European Trade Credit, Dun & Bradstreet UK describes the impact of late payments on UK SMEs...…

#invoice#small business#smes

UK SME lender gains access to Mintos marketplace

...has entered into a cooperation agreement with AS Mintos Marketplace to be a loan originator on the latter’s online marketplace…

#1pm#bank#bank loan

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