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Comet to meet with trade credit insurers over supplier...

Comet, the electricals retailer, is set to meet with trade credit insurers next week to try and determine whether they will carry on offering cover to its suppliers once the business is sold to OpCapita in February. (more…)

#funding#insolvency#trade

RBS Invoice Finance completes GBP12m ABL funding deal

Cambridgeshire-based business Wellgrain, a privately owned trader of combinable crops, has secured a GBP 12 million asset-based lending (ABL) funding…

#funding#invoice#receivables


Nationwide considers SME lending

Nationwide, the largest building society in the United Kingdom, is considering offering loans to SMEs to broaden its traditional customer…

#banks#commercial lending#SME lending


Bibby responds to latest trade deficit figures

Bibby Financial Services has responded to the latest Office for National Statistics (ONS) figures, which showed the UK goods trade…


CBI/PwC: Financial services sector growth increases but caution remains

The volume of business in UK financial services grew for the seventh quarter running, and at the fastest pace since…

#financial services#interest#investment


FSB: Olympics legacy will be damp squib for small...

According to the Federation of Small Businesses (FSB), new figures show that six in ten small firms believe the London…

#FSB#small business#small businesses


New managing recruit for Aldermore Invoice Finance

Clive Briggs has been appointed to the role of Regional Sales Manager for the Invoice Finance Division of Aldermore. (more…)

#Aldermore#bank#i


Hilton Baird: Lack of SME confidence threatens 2012 growth

Less than a third of small businesses expect their company to expand over the next six months, according to a…

#banks#Clear#funding


BoE: Bank lending on the rise but fewer SMEs...

UK Banks have received fewer requests for credit, despite an expected increase in the availability of finance for small businesses…


RBS IF appoints five new regional managing directors

RBS Invoice Finance appointed five new Regional Managing Directors following the restructure of its UK based SME operations. (more…)

#bank#invoice#management


Huddlebuy: UK SMEs believe they can no longer rely...

Sixty-five per cent of small business owners believe they will have to seek alternative ways of funding their enterprises in…

#alternative funding#bank#Funding Options


Bond Street jeweller secures GBP15m ABL package from RBS...

David Morris International, the London-based jeweller, has secured a GBP 15 million Asset Based Lending (ABL) funding package from RBS…

#cash-flow#funding#international

Jones leaves Aldermore IF for Reward CF

Yorkshire financier Dave Jones has left Aldermore Invoice Finance to become a partner at Reward Capital and its recently launched…

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