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Davenham today announced the results of its strategic review and the successful £215 million refinancing of its banking facilities. (more…)
#bank#capital requirements#LIBOR
Credit insurance broker Aon Trade Credit has said that the government must act rather than just listen. (more…)
#AON#banks#risks
Research from commercial credit reference agency Graydon UK, reveals that the Government's pledge to ease the cashflow problems faced by…
#cash-flow#Commercial Credit#payment practices
The UK Post Office is considering establishing a banking arm to service those SMEs who have been unable to find funding…
Research by Bibby finds that the new breed of UK entreprenuer is a women, aged 45-54, who runs her own small…
The announcement that the cabinet has agreed to release 20bn to ease frozen credit lines sounds great in theory but…
#bank#IGF#liquidity
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…