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UK

Carillion: Over 200 firms using early payment facility

Carillion, a UK-based support services company, is looking to extend its early payment system after signing up more than 200 subcontractors and suppliers. (more…)

#bank#Carillion#Paid

Meat director banned for 13 years after invoice finance...

A director of a UK-based meat wholesale company has been banned from acting as a company director for 13 years,…

#bank#insolvency#international


Nationwide puts SME lending plans on hold

UK company Nationwide has delayed plans to lend to small and medium-sized enterprises (SMEs) and may not begin offering services…

#bank#Bank of England#forum


Survey: Over one in four UK SMEs struggling with...

More than a quarter of the UK's SMEs are experiencing cashflow problems, with over half of these firms attributing this…

#bank#commercial finance#invoice


Study: Tough trading conditions put strain on SME job...

More than half of UK companies have no plans to create new jobs in the year ahead, with one in…

#bank#cash-flow#invoice


Quarterly growth gives construction SMEs valuable boost

SMEs in the construction industry have seen significant growth in the second quarter of 2013, according to a recent study…

#financial services#invoice#recession


UK SMEs embrace EFG lending

New figures published today show lending through the Enterprise Finance Guarantee (EFG) scheme for the second quarter of 2013 reached…


Crowdfunding and P2P lending set to be more tightly...

Lack of lending from banks to small businesses has resulted in the foundation of a number of alternative business funding…


Bibby appoint new head of sales

Invoice finance specialist Bibby Financial Services has strengthened its team in Yorkshire with the appointment of Mike Day as head…

#commercial finance#financial services#funding


UKEF announces new CEO

UK Export Finance names David Godfrey as its new chief executive. (more…)


Lloyds sees higher demand for SCF

The demand for supplier finance has rocketed, as Yorkshire firms see the first signs of an upturn in business, says…


Invoice finance ‘viewed as trouble by many’

Corporate customers tend to think negatively of their suppliers when the latter employ factors to chase for unpaid invoices. (more…)

#banks#crisis#funding

Factoring fraudster traced and handed 11-year disqualification

An entrepreneur who tried to defraud a factoring company has been banned from business for 11 years. (more…)

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