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Late payments to small businesses in the UK have surged over the past three months, according to the latest analysis by Xero. The Xero Small Business Insights data indicates that payouts to small businesses were made 7.3 days late on...
#late payments#sme finance#Xero
Sonan Bunkers announced yesterday that HSBC UK has extended their support through a £50m global trade solutions funding package. This…
#Andrew Noble#Graham Furse#HSBC
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 is announcing the launch of a new 12-month Fast Track Graduate Recruitment Programme, which will commence from mid…
#invoice#leadership#management
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
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
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
A new specialist lender has today been launched in response to evolving SME funding needs.Rapital is set to transform the…
#NACFB
Capify, a leading SME lender, has appointed Jamie Stewart (pictured) as Director of Strategic Initiatives. Jamie, the founder and former…
#Capify
Commenting on inflation data remaining unchanged, Douglas Grant, Group CEO of Manx Financial Group, said:“Despite signs of economic stability in recent…
#Douglas Grant
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 Financial Solutions Limited ("Satago") has announced that Lloyds Bank plc ("Lloyds Banking Group" or the "Bank") has decided to…
#bank#invoice#Lloyds Bank
New research by Novuna Business Cash Flow has found that 33 per cent (a third) of small and medium-sized enterprises…
#Novuna