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UK

Small businesses struggle to access finance

The Forum of Private Business (FPB) is warning that less choice between banks could mean that, as the credit crunch continues, the services offered to small firms are diminished. (more…)

Factoring and invoice discount business up 276%

The National Association of Commercial Finance Brokers (NACFB) has revealed the results of their latest member survey. Adam Tyler, chief…


New head office for Venture Finance

Venture Finance today announces it is moving to new and larger offices in Haywards Heath. (more…)


SMEs benefit from alternative funding

As the UK economy edges all that closer to recession, the ABL industry may hold the key that can unlock…


Lloyds TSB takes over HBOS

The immediate effect is that Lloyds TSB effectively has increased its UK market share from... (more…)


Outlook worsens as slowdown takes hold

The global economic slowdown has further depressed manufacturers order books and output growth expectations, the latest CBI Industrial Trends Survey…

#bank#Bank of England#inflation


Ultimate Finance FY pretax profit falls on restructuring, severance...

Ultimate Finance Group Plc. reported a smaller full-year pretax profit even as revenues rose marginally (more…)


BBA reports small business borrowing increased in 2008

Banks are still lending money to small businesses despite the effects of the credit crunch, a report has revealed. (more…)


Cattles PLC “considering sale” of business finance division

Cattles PLC is considering the sale of its business finance division Cattles Invoice Finance to focus further on its main…


UK firms seek alternative financing solutions as crisis worsens

As the credit crisis worses UK firms are actively seeking sources of alternative finance, according to survey conducted by Siemens Financial Services…


Bibby Financial Services refocuses its leasing division

Bibby Financial Services has announced that it is restructuring its leasing division to refocus its efforts on its core business…


UK businesses look abroad amid economic uncertainty

An HSBC Commercial Banking report has revealed that four in five businesses (81 per cent) in the UK plan to…

#commercial lending#international#payment terms

Asset based finance becomes main lender for UK companies

In the UK and Ireland, as well as the rest of the world, traditional bank funding is suffering at the…

#asset based finance#bank#banks

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