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Credit insurance scheme failing to hit the mark

The Government s proposed credit insurance scheme for small businesses falls well short of the mark according to Bibby Financial Services. (more…)

Continuing overreliance on a single customer

SMEs are putting themselves at risk by being too reliant on one main customer for the majority of their sales.…


Challenge Finance enters administration

South East based factoring and invoice discounting business Challenge Finance Limited has been placed in administration. (more…)


ABFA figures show fall in total funding

The asset based finance industry today released its latest figures, with the industry showing an expected fall in total finance…


North East hard hit by late payment

SMEs in the North East of England already struggling to cope with the effects of the economic downturn, are owed more…


Debt turning increasingly bad

Research has revealed the overwhelming scale of bad debt being suffered by UK businesses at the front-line of the recession.…

#alternative funding#Funding Options#invoice


RBS says SMEs too wary in acquiring funding

Small business experts at the Royal Bank of Scotland have said the money is there for a revival in the…

#bank#Bank of England#NatWest


The dangers of overreliance on a single debtor

Close Invoice Finance has reveals that 350,000 SMEs across the UK rely on a single customer for over 75% of…

#insolvency#invoice#management


New chief operating officer at Cattles

Paul Mackin is set to become chief operating officer of Cattles Plc, the parent company of Cattles Invoice Finance. (more…)


Venture Finance attracting new business in the downturn

Venture Finance North has reported a big rise in new customers in the first quarter of the year as the…

#funding#invoice#Two


Credit checking worryingly rare among UK SMEs

Research by Cattles Invoice Finance (CIF) has revealed that only 27 per cent of UK SMEs credit check new customers.…


Encouraging signs as bank lending improves

A survey by the Forum of Private Business reveals that businesses are slowly regaining confidence.

#bank#forum

'No decision' on Cattles Invoice Finance

Cattles have announced that 'no firm decision' has been reached on the expected sale of it's invoice finance division (more…)

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