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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…
Statistics show that leasing and asset finance for capital investment fell during 2008. (more…)
#economy#funding#leasing
Cattles Invoice Finance not 'implicit' in client fraud (more…)
#BCR Publishing#invoice
Impairment provisions have bitten into Cattles PLC earnings and delayed its issue of yearly profit results. Cattles PLC are the parent…
#financial services#invoice
Banks in the UK accused of moving the goalposts and bullying tactics by businesses who have seen loans and overdrafts…
#bank#forum#insolvency
SMEs have in many cases been operating without cover and look set to continue doing so. (more…)
#insurance#risks#smes
A survey of UK SMEs has revealed many are turning to friends and family to make-up for shortfalls in bank…
#bank#business finance#invoice
FLA survey reveals SMEs are looking for alternative sources of finance (more…)
#cash-flow#recession#small businesses