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UK

Finpoint to help SMEs gain vital access to funding

A new partnership to bring SMEs together with the finance they need to grow is being launched in Leeds City Region today (more…)

#alternative lending#banks#funding

ABFA: borrowing sees rapid growth

According to the Asset Based Finance Association (ABFA), the number of start-ups and small businesses borrowing against assets is growing…

#asset based finance#business finance#funding


Former commerce chief joins Obillex board

Nigel Smith, former chief executive at the Office of Government Commerce and Second Permanent Secretary in HM Treasury, has joined…

#business finance#supply chain finance#working capital


UK government set to increase small business spending

Small businesses throughout the UK will have a greater chance of working on government contracts, with a third of national…

#asset based finance#invoice#small business


BCR make Capital gains

Chetan Sahai of GE Capital joins the concluding panel at BCR’s Transforming Factoring & Invoice Finance event (more…)

#commercial finance#conference#invoice


Aldermore with new hire

Challenger bank Aldermore has appointed Sam Skinner as regional sales manager - joining their invoice finance team - for the…

#Aldermore#bank#business finance


New appointment at Wells Fargo Capital Finance

Nick Lawrence has been appointed as managing director for Wells Fargo Capital Finance’s (WFCF) Supply Chain Finance (SCF) (more…)

#bank#international#International Trade


MarketInvoice raises a further GBP6m

The U.K.’s MarketInvoice, which operates in the peer-to-peer lending space by enabling businesses to raise money from institutional investors and…

#outstanding invoices


Former Bibby man joins Quantum

Investec Asset Finance Group has announced that it has appointed Paul Cunningham as Head of Quantum Funding Ltd (Quantum). Mr…

#financial services#Investec#invoice


Late payments on the rise for UK SMEs

Despite Government attempts to enforce a code for prompt payment and plans to appoint a Commissioner to oversee business rows,…

#financial services#Paid#payment terms


UK government to remove invoice finance limitations

Anti-invoice finance terms and restrictive clauses in contracts that prevent businesses from gaining invoice finance are set to be banned…

#assignment#invoice#late payment


Legion grows UK presence

Legion Trade Finance has agreed deals to provide GBP1.3m of new funding to a diverse range of businesses across the…

#smes#supplier payments#supply chain finance

Bad debt remains chronic stumbling block for UK businesses

Bibby Financial Services Report suggests as many as 1.3m SMEs may be affected (more…)

#financial services#insolvency#security

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