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July net lending lowest on record according to Bank...

The Bank of England’s “Trends in Lending” September 2009 report, released on Friday, revealed that net lending fell to its lowest on record in July 2009. Small and medium-sized enterprises (SMEs) were shown to be the hardest hit in the...

#bank#Bank of England#invoice

Bibby chief urges larger firms to take up invoice...

 Edward Rimmer, Chief Executive of Bibby Financial Services, has spoken out against larger firms failure to sign up to the…

#financial services#invoice#late payment


GMAC to quit UK market, reports The Independent

The Independent reported on Sunday that GMAC Commercial Finance are to withdraw from the UK market. According to the Independent article, the…

#bank#commercial finance#credit risk


NACFB survey finds invoice finance availability up 20%

Availability of invoice finance is up by more than 20 percent since last year, a survey by the National Association…

#cash-flow#commercial finance#funding


Cattles Invoice Finance re-launches as Absolute in Ј70 million...

Cattles Invoice Finance has re-launched as Absolute Invoice Finance, as AnaCap Financial Partners completed a £70 million deal for the…


56% SMEs unaware of government help

More than half of small businesses in the UK are not aware of the Government financial help available to them,…

#guarantees#small business#smes


Asset based finance “remains key funding source” with an...

A small increase in sales this quarter shows that asset based finance “remains a key funding source for businesses” in…

#asset based finance#bank#Bank of England


Changes to government trade credit scheme good news for...

Changes made to the government’s £5bn trade credit insurance top-up scheme, launched in May this year, look set to make…


Late payment excuses cause headaches for SMEs

Customers continue to cause headaches for many SMEs in the UK by offering elaborate and far-fetched excuses for the non-payment…

#bank#invoice#management


Small firms waiting up to four months to be...

Small firms are waiting up to four months for invoices to be paid by several big brand names, Federation of…

#Amazon#invoice#late payment


Industry’s benefits still misunderstood

The UK s factoring and asset based finance industry has been hailed by many as a model success story rooted…

#bank#Bank of England#business finance


SMEs can unlock vital funds to survive the recession

Managing cash flow is one of the most demanding aspects of running a business in the current climate, according to…

Encouraging signs as changes made to credit insurance scheme

The Government has widened criteria and dropped charges for its trade credit insurance scheme (more…)

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