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UK

Government-backed lending programme to start in April

Small firms struggling to access finance to start exporting will be able to apply for loans of up to 1 million from April 2011, under a Government-backed lending scheme. (more…)

#bank#guarantee#guarantee scheme

‘Best ever year’ for Venture Finance Greater Manchester operations

Invoice and asset-based funding outfit Venture Finance today, reports a record lending year for its Greater Manchester operations. (more…)


Director tried to ‘buy time’ with factoring fraud

The managing director or a haulage firm in the UK was yesterday jailed for defrauding 302,000 from his company s…

#bank#factoring fraud#Lloyds Bank


British export machine can’t leave EU boundaries

A large number of the country's exporters are trading within the EU, BCC figures have shown. (more…)


Barclays pulls the plug on tens of thousands of...

Barclays says that it will stop providing asset finance to firms with a turnover of less than 5m a year.…


Natwest to provide multi million invoice discounting facility to...

Natwest provides multi million structured trade finance facility to a footwear company. (more…)


What's in a name?

Factoring, asset based lending, cash flow finance - Factorscan discusses how changing the language and labels of receivables finance could…


New Government initiatives prevent “consuming too much and exporting...

The British government unveiled a series of measures aimed at boosting trade and investment to benefit the British businesses. (more…)


Director of collapsed transport company provides personal guaranties against...

Leeds logistics company closes its business owing 2.37 million in discounted invoices... (more…)

#guarantee#invoice#trade


New study: 49% of SMEs use overdrafts to fund...

Funding methods such as credit cards are increasingly being used as a source of business finance for UK SMEs says…

#bank#interest rates#invoice


Invoice financing booms in Northern Ireland

Invoice financing is catching on in Northern Ireland s business community, according to local lenders. (more…)

#financial services#invoice#late payment


Osborne’s SME lending initiatives: good intentions or guarantees?

Chancellor George Osborne has confirmed he is maintaining the levy on banks, while Project Merlin implementation is still in question.…

UK government prepares to support SME export

Special measures to help small businesses storm foreign markets are to be unveiled this week. (more…)

#exporters#exports#guarantee

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