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Credit insurer Chartis has brought in industry veteran Will Clark to replace Neil Ross following an internal promotion, GTR reports. (more…)
#Atradius#bank#financial services
Simply Business has reported an increase in SMEs seeking alternative sources of credit such as invoice discounting and factoring as…
The lending freeze that has gripped markets since the financial crash of 2008 is starting to thaw, firms in the…
#bank#Bank of England#invoice
Royal Bank of Scotland's invoice finance arm (RBS IF) has provided a 9 million invoice discounting line to fund a…
#bank#invoice#trade
FreshLinc has agreed a £6 million finance package with HSBC's Corporate Banking Team in the Midlands. (more…)
Bristol-based invoice financing group Ultimate Finance has reported an increase of 51 per cent in turnover and a 61 per…
UK SMEs are failing to take advantage of £28 billion of available funding despite a significant lending gap, according to…
More than two thirds of the UK's small business community are severely lacking in credit awareness, researchers have found. (more…)
Three out of four SMEs (75 per cent) think that bank lending margins on loans are too high, up from…
The chief executive of the London Stock Exchange (LSE) has said that boosting the UK's SME community is the only…
#Boost#European Commission#funding
RBS has appointed Neal Livingston as head of Emea global transaction services (GTS) in a move to expand the bank…
A Member of Parliament (MP) has said the banks "shove companies down the invoice-factoring route" rather than help them with their…
Non-bank finance provider MarketInvoice channels over 1 million of capital direct to SMEs six months since its launch. (more…)