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Failed businessmen are being encouraged to launch new enterprises as banks increase their offering to the flagging SME sector. (more…)
#bank#bankruptcy#management
SMEs express their anger at the rising cost and withdrawal of credit cover. (more…)
UK prosecutors harness a new weapon in their fight against financial fraud. (more…)
#crisis#frauds#MAN
Worrying statistics reveal that nine out of ten SMEs say banks have not extended government backed loans to them, despite…
More directors are suspended at the Cattles group as the company considers selling its invoice finance arm. (more…)
#Deloitte#financial services#invoice
Recent research shows that UK payments times for SMEs have topped 41 days beyond agreed payment terms. (more…)
#cash-flow#late payment#Paid
Santander, and their British subsidiary Alliance and Leicester, are looking to buck the banking trend in the UK and offer…
Seventy percent of UK businesses cited late payment of invoices as being the key concern for cash flow. (more…)
CBI suggests that banks concentrate upon alternative channels of funding. (more…)
#bank#Bank of England#interest rates
During 2008 the UK's asset based lending industry far exceeded expectations, and at the end of the year was advancing…
#asset based finance#invoice#liquidity
KBC downsize structured trade finance office. (more…)
#bank#investment#KBC
The government's Enterprises Finance Guarantee scheme is falling short of expectations. (more…)
The Institute of Chartered Accountants in England and Wales has appealed to banks to continue extending overdrafts and to help restore confidence…