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New British bank Shawbrook has launched today, and is targeting SMEs struggling to get funding from the UK's biggest banks, Reuters reports. (more…)
#Aldermore#bank#small business
Aldermore has appointed Damon Walford as Managing Director of its invoice finance business, which markets factoring and invoice discounting facilities…
#Aldermore#commercial finance#funding
Factorscan talks to invoice finance providers in the UK to discuss recent allegations made in a Parliamentary debate that banks…
#bank#commercial finance#invoice
Factorscan talks to John Bevan, Chairman of ABFA and Head of Barclays Trade and Working Capital in the UK the…
#bank#financial services#invoice
More than 100,000 small businesses could save in excess of £600 million a year in accountancy and administration costs under…
#guarantee#innovation#international
The Interface Financial Group (IFG), North America's largest alternative funding source for small business, has held its first corporate regional…
#alternative funding#conference#interest rates
The Chancellor of the Exchequer, George Osborne, has announced a new programme of credit easing in which the Treasury would…
#bank#Bank of England#bonds
Credit insurer Chartis has brought in industry veteran Will Clark to replace Neil Ross following an internal promotion, GTR reports.…
#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…