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UK tops European invoice finance statistics

The Asset Based Finance Association (ABFA) has released new figures showing that turnover from UK firms which use invoice finance is the highest anywhere in Europe. (more…)

#asset based finance#funding#GDP

Change of directorate for Ultimate Finance

Ultimate Finance Group plc, a provider of financial solutions to SMEs, has promoted Jeremy Coombes to Chief Executive Officer with…

#smes


Aldermore appoints Yorkshire regional director

Nick Smith has been appointed as regional managing director of invoice finance business in Aldermore's Yorkshire office. (more…)


ABFA sees reasons for 'cautious optimism'

The Asset Based Finance Association (ABFA) has today announced new quarterly (Q3) figures: total advances grew year on year by…

#asset based finance#credit protection#invoice


Bibby commits to hassle free SME service

Bibby Financial Services launches Service Promise to support UK businesses access funding. (more…)


UK Factors need to change public perception to reach...

The UK factoring industry still has much to do in changing its public image in order to reach full market…

#asset based finance#commercial finance#conference


Autumn budget statement unveils new Ј40m loan guarantee scheme...

Chancellor George Osborne has presented a report to Members of Parliament (MPs) on the state of the economy and the…


Shadow Business Secretary says exchange platforms ‘encouraging’

Shadow Business Secretary, Chuka Umunna MP, has spoken about SME funding and late payment culture at a recent event organised…


EEF: Lending conditions getting worse for small manufacturers

The UK's manufacturers are seeing lending conditions worsen with availability of finance declining and the cost of credit rising according…


RHA: Get big firms to pay SMEs on time

The Road Haulage Association (RHA) has called for the government to get leading UK companies to pay their suppliers promptly…


High street slowdown beckons SCF

The Financial Times this week reported that Britain's biggest retailers are increasing pressure on their suppliers in response to deteriorating…


Invoice finance firm brings Ј25m fund to Midlands

Skipton Business Finance has announced the opening of a new regional centre in Birmingham and has pledged £25million of cash…

Lloyds pledges new Ј12bn lending package for SMEs

Lloyds Banking Group has announced a new unilateral commitment to lend at least £12 billion to help the UK's SMEs…

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