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GBP1m export fund available for UK SMEs

A new GBP1m export fund has been launched by Trade & Export Finance Ltd, to help UK SMEs finance the purchase of goods and materials required to meet confirmed orders (more…)

#exporters#smes#SMEs finance

Trade Receivables Securitisation remains key to corporate treasury

Against the backdrop of fundamental changes in the regulatory environment, research from Demica has shown that trade receivable securitisations (TRS)…

#bank#receivables securitisation#securitisation


RBS supports buyout with invoice discounting facility

Foresight Nottingham Fund has supported the management buyout (MBO) of a recruitment company with a multimillion-pound package. Foresight provided GBP2m…

#bank#funding#invoice


Law firms’ lengthy payment waiting times hit average of...

Law firms are having to wait even longer than last year for their invoices to be paid - 11 days…

#invoice#late payment#risk


Long payment terms “crippling” SMEs

Survey finds that some 12 per cent regularly wait 90 days or more to be paid (more…)

#management#payment terms#smes


RBS factoring facility boosts recruiter

Keith Greenaway secured a funding boost from RBS and exclusive office space in their ‘Hatchery’ as a result of being…

#cash-flow#invoice#NatWest


Asset based funding to UK and Irish businesses hits...

Funding to UK and Irish businesses secured against invoices and other assets has hit a record high of GBP20bn says…

#invoice#management#smes


Aldermore supports concrete business with invoice finance

Aberdeen Concrete has agreed an invoice finance facility with Aldermore to help its early growth (more…)

#Aldermore#funding#i


Debt collection industry close to agreement with Royal Mail...

Critiqom, a company that deals in critical communications, has teamed up with the Credit Services Association (CSA), the voice of…

#debt collection#Vice president


Lloyds boosts medical firm with invoice financing

PolyPhotonix Medical has expanded into larger premises following a GBP200,000 invoice finance package (more…)

#bank#cash-flow#commercial finance


New legislation set to lift receivables finance restrictions

The UK Government has introduced legislation to remove assignment restrictions within contracts which have the effect of preventing access to…

#assignment of receivables#invoice#security


Atom and BBVA form strategic partnership

Atom, reportedly the UK’s first digital bank, has announced its strategic partnership with BBVA (more…)

#bank#BBVA#digital

UniCredit hires new head of Global Transaction Banking

UniCredit has appointed George Stein as head of Global Transaction Banking for the UK, with responsibility for strengthening the bank’s…

#bank#cash management#Deutsche Bank

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