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UK

Revenue and profit up in the first half 2017...

1pm plc, the AIM listed independent specialist provider of finance facilities to the SME sector, is pleased to provide the following trading update ahead of its interim results for the six-month period ended on 30 November 2017 (the “Interim Results”),...

#1pm

UK Bank allocates £30m for asset-backed lending

...has committed £30m to asset-backed lending in an effort to shore up small business funding as Brexit approaches... (more…)

#bank#IGF#small business


BFS UK structures £9.3m structured facility, for SBZ Corporation

SBZ Corporation, a global manufacturer and distributor of additives and chemicals for the oil industry, has received a £9.35m... (more…)

#financial services#international#invoice


Withdrawal of draft UK regulations on contractual terms with...

Editorial Board Member, Merryn Craske, Of Counsel at Mayer Brown International LLP, London, discusses the withdrawal of the latest draft…

#assignment#assignment of receivables#financial services


UK distributor launches SME finance arm

...has announced the launch of the Liquidity Club, an alternative business channel to assist SMEs looking to raise finance for…

#business finance#commercial finance#invoice


Bank of England Governor says banks overstate their shield...

The Bank of England (BoE) warned Tuesday (Nov. 28) that U.K.-based banks may be doing some boasting when they say...…

#Bank of England


Most of UK businesses wait 74 days for invoices...

Businesses are being made to wait on average 74 days to receive payment for invoices... (more…)

#invoice payment


UK Alternative lender buys directors’ stakes in Isle of...

...has announced that its subsidiary...has agreed to buy directors’ remaining stakes in... (more…)

#Sancus


UK Government to help SMEs to grow

Following the UK Chancellor Philip Hammond’s 2017 Autumn Budget announcement, Niels Turfboer, Managing Director of UK & Benelux... (more…)

#BCR Publishing#Clear#smes


BFS UK expands South West team to grow support...

Independent financier... has announced seven new appointments as part of its growth plan to support more businesses throughout... (more…)

#financial services#funding#invoice


ABN AMRO Commercial Finance extends the receivables finance facility...

ABN AMRO Commercial Finance announces the successful refinance of the... (more…)

#ABN AMRO


IGF lends £53m to SMEs in first half of...

Independent Growth Finance (IGF), a commercial finance provider for SMEs, has reported a... (more…)

#commercial finance#IGF#Independent Growth Finance

UK SCF fintech hires new client manager

Peer-to-Peer platform ...has appointed ...as client manager... (more…)

#Sancus

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