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Sonan Bunkers secures £20m uplift in receivables finance from...

Sonan Bunkers announced yesterday that HSBC UK has extended their support through a £50m global trade solutions funding package. This package includes a crucial £20m uplift in receivables finance, designed to unlock working capital and bolster the company growth initiatives....

#Andrew Noble#Graham Furse#HSBC

Oxigen Finance announces new CEO

TruFin has announced that Vicki Sloane is the new appointed Chief Executive Officer of Oxygen Finance (Oxygen). Vicki was previously…

#payment practices#trade#WHO


Time Finance launches graduate recruitment programme

Time Finance is announcing the launch of a new 12-month Fast Track Graduate Recruitment Programme, which will commence from mid…

#invoice#leadership#management


Ultimate Finance completes £370m of institutional funding facilities

Specialist asset-based lender Ultimate Finance reports it has secured £370m in wholesale funding for the next three years, a combination…

#asset-based lender#bank#Lloyds Bank


Atradius comments on expected cut in UK interest rates

Trade credit insurer Atradius comments ahead of next week’s interest rates announcement with many anticipating that the Bank of England’s…

#Atradius#Bank of England#interest rates


Triver launches invoice finance for SMEs supplying public sector

SME working capital provider TRIVER and procurement platform Elcom have announced a new service, enabling small businesses supplying the public sector to be paid…

#Triver


Rapital launched to support SMEs with challenging credit situations

A new specialist lender has today been launched in response to evolving SME funding needs.Rapital is set to transform the…

#NACFB


Think Business Loans founder joins Capify 

Capify, a leading SME lender, has appointed Jamie Stewart (pictured) as Director of Strategic Initiatives. Jamie, the founder and former…

#Capify


Manx Financial comments on UK inflation data

Commenting on inflation data remaining unchanged, Douglas Grant, Group CEO of Manx Financial Group, said:“Despite signs of economic stability in recent…

#Douglas Grant


BFS comments on recent published insolvency figures

This morning, the latest insolvency figures show registered company insolvencies in England and Wales in June 2024 was 2,361, 16…

#insolvency#Jonathan Andrew


Satago announces termination of agreement with Lloyds Banking Group

Satago Financial Solutions Limited ("Satago") has announced that Lloyds Bank plc ("Lloyds Banking Group" or the "Bank") has decided to…

#bank#invoice#Lloyds Bank


One-Third of UK SMEs face urgent need for financial...

New research by Novuna Business Cash Flow has found that 33 per cent (a third) of small and medium-sized enterprises…

#Novuna

Atradius Reports 59% Drop in Food and Drink Sector...

Trade credit insurer Atradius has reported a 59 per cent decrease in claims for late or failed payments in the…

#Atradius

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