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UK

Ј10bn bailout package too late to save SMEs?

Despite warm welcome for the government's £10bn loan guarantee scheme, concerns remain about whether it'll take effect soon enough to save some of the UK’s struggling SMEs (more…)

#bank#insolvency#smes

Use of asset based lending set to increase during...

Research by the Asset Based Finance Association shows that firms across the UK are increasingly using asset based lending as a…

#asset based finance#management#risk


Credit insurers cautious as bankruptcy risk rises

Credit insurers are looking closer than ever at bank support when covering company risk (more…)


Govt announce Enterprise Finance Guarantee Scheme

The UK Government have announced the introduction of the Enterprise Finance Guarantee Scheme (more…)


UK Govt – ABFA in factoring discussion

The U.K. government is considering buying companies invoices to provide cash flow (more…)

#asset based finance#cash-flow#invoice


RBS to announce loss of over Ј20bn

Royal Bank of Scotland, parent company of factor RBS Invoice Finance, has confirmed it suffered a loss last year of…


UK govt unveils second bank rescue

The UK government has announced a series of of measures to promote bank lending and revitalise the ailing economy (more…)

#bank#international#management


Lord Mandelson criticises credit insurers

Business Secretary Lord Mandelson has attacked trade credit insurers for overreacting to the economic slowdown by withdrawing cover used by…

#conference#risk#small businesses


FSB welcomes Ј1.3bn fund for small firms

The Federation of Small Businesses has welcomed the new £1.3bn Enterprise Finance Guarantee, which the FSB will be actively promoting to its…

#bank#cash-flow#guarantee


Credit control challenge facing SMEs

Credit control is one of the most challenging business tasks facing SMEs, according to more than half of the SMEs…


Govt credit insurance plans expected within days

The government is to announce details of a scheme to improve the availability of credit insurance (more…)


Credit insurance: the anti-domino effect

Xavier Denecker, Coface's Managing Director for the UK and Ireland, gives his views on the vital role that credit insurers…

Banks pull the plug on a third of UK's...

Banks have withdrawn unused credit facilities from 34% of the UK s largest companies, starving them of liquidity, damaging revenues…

#bank#financial services#interest rates

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