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EFG extension “not enough” to aid small businesses

Managing Director of Venture Finance Peter Ewen claims that the extension of the government s Enterprise Finance Guarantee scheme, announced in last week s pre-budget report, is not enough to address the needs of small and medium size enterprises (SMEs)...

#cash-flow#commercial finance#management

Sales increase for asset-based financed backed businesses

Latest figures from the UK s Asset Based Finance Association (ABFA) have revealed a modest increase in sales for businesses…


ABFA holds third annual conference

Last week the UK factoring industry's association, ABFA, held its annual conference in Brighton s Hilton Metropole Hotel. (more…)

#bank#conference#invoice


Surecomp receives Financial-i award

Global trade finance solutions provider Surecomp has been named the winner of the fourth annual Financial-i Leaders in (more…)


Small businesses owed a collective Ј30 million in late...

Big businesses are continuing to monopolise on their dominant market position and delay invoice payment to small and medium sized…


Survey reveals critical focus for financiers in 2010

A recent survey of businesses across the financial sector, including asset-based lenders, found that technology will be a critical focus…


ABFA head off proposed insolvency changes

Factorscan spoke with Kate Sharp, CEO of the Asset Based Finance Association (ABFA), about a recent proposal put forward by…


Ashley Commercial Finance announce yearly result

Cheshire-based Ashley Commercial Finance yesterday released their financial results for the year ended 31st March 2009, announcing a pre-tax profit…

#bad debts#commercial finance#invoice


Financial advisers deem asset based lending a ‘core funding...

A recent survey of corporate financial advisers conducted by Centric Commercial Finance has revealed promising results for the factoring and…

#cash-flow#commercial finance#invoice


ABFA launch online fraud service

The Asset Based Finance Association (ABFA) has partnered with the Finance and Leasing Association (FLA) to offer a new fraud…


Only half of UK firms using e-invoicing

New research from Formscan, the document solutions provider, has revealed the extent to which British firms are still operating manual…


SME funding still hard to come by

An overwhelming majority of financial advisers say that securing funding for small and medium sized businesses is becoming more troublesome,…

#bank#cash-flow#financial services

Recession is “catalyst” for business change, says CBI

UK business organisation CBI has heralded the recession as a catalyst for a decade of business change, in its latest…

#financial services#late payment#supply chain finance

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