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Potential Finance in Administration

Potential announce that they are now in administration. (more…)

#banks#Clear#guarantees

Research reveals that not all SMEs are gloomy

Open University research suggests that UK SMEs are more confident in the downturn than many had earlier thought. (more…)


Belfast – firms turning down work due to lack...

Businesses in Northern Ireland turn down work as insurance dries up amid the downturn. (more…)

#bad debts#forum#risk


'Brutal' credit insurance conversations continue

Credit insurance difficulties are resulting in brutal conversations with some clients. (more…)

#awards#Carillion#guarantees


Credit insurance rescue package may arrive too late

UK industry leaders have expressed their anger at the withdrawl of credit insurance cover and the late response of a promised government rescue…


New SME fund launched

It has been announced today that SMEs in the East Midlands could gain access to finance through a new fund…

#guarantee#management#small businesses


Alternative finance the key for small firms

With a 51% rise in the number of firms going bankrupt in the Q4 2008, Bibby Financial Services is urging SMEs to…

#bank#financial services#insolvency


'Improve credit access' urges CBI

The credit crunch will get worse for British firms without government action to improve access to new finance, business group…

#Clear#funding#Jobs


Credit insurers unimpressed by Govt proposal

Britain's three biggest credit insurers are in talks with Baroness Vadera, minister for small business, over plans to overhaul the…


Barclays boost for SMEs

Barclays has announced cuts in its small business interest rates, making repayments more affordable for customers borrowing in the UK…

#bank#Bank of England#interest rates


Surge in company insolvencies

The number of companies which became insolvent in Q4 2008 jumped by 51 per cent, providing further evidence of the deteriorating UK…


Banks are still open for new business

Research into the availability of business credit casts doubt on claims that banks have completely closed their doors on lending…

Ulster Bank unveils Ј250m fund to help struggling SMEs

The Ulster Bank today set up a £250million Regional Fund to support SMEs in Northern Ireland through this year (more…)

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