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UK Gvnt plans Ј5bn credit insurance scheme

A £5billion scheme to help tens of thousands of companies that are struggling to secure crucial credit insurance will be announced by the Government this month (more…)

#Atradius#forum#international

UK banks 'very much open' to new SME lending

Despite criticism that the banking sector has cut off SMEs, a new report has found that over half of these…


Euler Hermes hits back in credit row

Euler Hermes has defended its decision to restrict the terms of its cover, saying the move will help customers weather…

#Atradius#recession#risk


Ultimate Finance names two regional directors

Factoring provider Ultimate Finance have announced the appointment of two new regional directors (more…)


Platinum Funding UK provide Ј13.5m accounts receivable financing

Factoring company Platinum Funding UK Limited has announced the completion of a 13.5m accounts receivable financing facility (more…)

#funding#invoice#risk


Business confidence expected to deteriorate further

Business confidence is expected to deteriorate further over the next 12 months according to the latest National Business Survey (more…)

#Jobs#recession#training


Barclays ‘withstands impact’ of credit crunch

Barclays have written an open letter to reassure investors of its continuing good health, announcing that  the bank would report…

#bank#banks#investment


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…

#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…

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