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UK

Simon Featherstone to take over as Bibby CEO

Bibby Financial Services has announced that Simon Featherstone is to replace David Robertson as Global Chief Executive following his retirement at the end of 2011. (more…)

Venture Finance launches FastTrack Invoice Discounting

Venture Finance extend its FastTrack Factoring service, first launched in 2009, to Invoice Discounting (more…)


Positive Cashflow Finance continues to capitalize on banking squeeze

Positive Cashflow Finance posts pre-tax profits of 467,000 for the 12 months to the end of November 2010. (more…)

#banks#invoice#management


Aldermore Bank doubled profits in 2010

The Manchester-based arm of Aldermore Bank today announced its profits nearly doubled (more…)


Factoring pays for HR takeover

Venture Finance provides factoring facility for aerospace maintenance recruitment firm Aircraft Engineers takeover (more…)


Online trade receivables marketplace launched in UK

Marketinvoice, first online trading place for receivables in UK, is launched to follow the success of US models (more…)

#bank#guarantees#invoice


Business insolvencies continue to fall in February

Business insolvencies in February 2011 fell by 12.5 percent to 1,605 compared to the same month in 2010 (more…)

#insolvencies#insolvency


Bank of England survey confirms financial pressures facing UK...

Despite reported slight increase in overall credit availability to corporates in Q1 2001, its availability to small businesses and medium-sized…

#bank#Bank of England#small businesses


SMEs not using all available funding

New figures released today by the Asset Based Finance Association (ABFA) show members' clients have sufficient funds in place... (more…)


SMEs to absorb VAT increase

Small businesses in Northern Ireland are coping well with the recent VAT hike to 20 per cent, a survey has…

#cash-flow#invoice#smes


Company bosses jailed for ‘planned dishonesty’

An engineering company directors from Annesley has been jailed for their part in a 121,000 fraud (more…)

#Two#WHO


Asset based lending on the rise in West Midlands

Weightmans lawyers see the rise of demand for alternative sources of finance and predict it would continue throughout 2011 (more…)

#asset based finance#invoice#recession

SMEs reluctant to export amid late payments

Credit insurance can allay bad debt concerns for SMEs to take advantage of the weak pound to trade overseas, says…

#commercial finance#exports#management

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