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Following the release of the Bank of England interest rate today Michael McGowan, Managing Director, Foreign Exchange, Bibby Financial Services, commented: “The Bank of England’s decision to hold rates, despite a recent drop in inflation to 2 per cent, was expected...
#Bank of England#interest rate#working capital
The Conservatives, Labour and Liberal Democrats have all made promises to tackle the late payments crisis harming businesses.Labour says it…
#Atradius#insolvency
Leading SME finance provider, Time Finance, has appointed Fozia Riaz as the Head of Business Improvement in a move that…
#Aldermore#business finance#invoice
Allianz Trade and specialist credit and political risk insurance broker BPL have teamed up to streamline data sharing between underwriters…
#Allianz Trade#digitisation
Bristol-based plant hire supplier Plantforce has secured a £60m funding line from its existing banks to invest in its hire fleet over…
#bank#banks#funding
Novuna Business Cash Flow and Novuna Business Finance, the business divisions of Mitsubishi HC Capital UK PLC focused on providing…
#Mitsubishi HC Capital
Civil Rail Solutions Limited (CRS), labour supplier for the rail and construction industries, has secured a £3m confidential invoice discounting funding…
#financial services#invoice#management
Ahead of next week’s inflation announcement, James Burgess (pictured), Head of Commercial and insolvency expert at Atradius, says: “We’re finally…
#Atradius
UK specialist lender Paragon Banking Group has recorded £230.2m of new SME lending for the first half of the financial…
#John Phillipou
Time Finance is delighted to welcome Donna Lambert as a Business Development Manager (BDM) in its invoice finance team. Donna joins the…
#financial services#Flexible Funding#GRENKE
Cynergy Business Finance (CBF), the asset-based lending subsidiary of Cynergy Bank, has delivered £18m invoice discounting facility to recruitment services…
#Cynergy Business Finance#working capital
UK Construction SMEs are ambitious to grow, but are held back by the impact of inflation, supply chain challenges and…
#Derek Ryan
Significant challenges remain for SMEs in accessing and receiving adequate funding, according to new research from Shawbrook.Among SMEs that applied…
#funding#smes