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UK

State guaranteed credit insurance scheme expected

The Chancellor of the Exchequer, Alistair Darling, is expected to announce a state-guaranteed credit insurance scheme in next Wednesday's budget. (more…)

Critics claim credit insurance disaster looming

Calls come for the UK government to take urgent action to restore the strength of the credit insurance market or else the economy will face…

#guarantee#guarantees#liquidity


Trial of fraudsters continues

The trial of two former recruiters accused of defrauding the Royal Bank of Scotland (RBS) will resume on 20 April…

#bank#insolvency#invoice


HSBC pushing factoring to UK SMEs

HSBC has moved to encouraged SMEs to consider invoice finance when combating late payment and cash flow issues. (more…)


Close Invoice Finance appoints new MD

Close Invoice Finance new MD for North of England. (more…)


Drop in supplier credit hurting SMEs

A recent survey revealed that UK SMEs are under just as much or more pressure from shrinking inter-company credit than…

#bank#invoice#management


RBS Invoice Finance defrauded

Legal proceedings reveal that RBS Invoice Finance were caught out by fresh air invoicing. (more…)


Businesses forced to abandon the banks

Research reveals significant increases in credit refusal, driving business owners to seek out alternative funding options. (more…)


Hilton-Baird Financial Solutions win award

Hilton-Baird Financial Solutions wins best Asset Based Finance Broker of the Year. (more…)

#asset based finance#awards#business finance


SMEs expressing lack of faith in government

According to a new survey 75% of small businesses fee thatl the UK government should do more to help in…

#bank#management#small business


Insurers insist upon more recent accounts

Insurers are insisting companies yearly accounts are unlikely to show the real recession-battered picture.  (more…)


Enterprise Finance Guarantee 'not working'

The Enterprise Finance Guarantee (EFG), should be extended to asset-based lending if it is to have a real impact, industry experts said…

#asset-based lender#bank#business finance

Close Invoice Finance win award

Close Invoice Finance named Best Factoring and Invoice Discounting Provider for the fourth consecutive year at the Business MoneyFacts Awards.…

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