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Factoring is a crowded market. Not for Davenham

Last month Davenham Trade Finance announced the launch of a factoring unit aiming to lead the way on turnaround times and service standards by providing an entrepreneurial approach to new business according to their press release. (more…)

#bank#factoring industry#funding

RBSIF moves to flagship North Wales offices

The Royal Bank of Scotland is relocating employees from several parts of the business into the new premises at Bryn…

#bank#international#invoice


SME owners disillusioned with bank managers

A survey conducted by Close Invoice Finance has revealed that SME owners are distinctly unimpressed with the service they get…

#bank#invoice#small business


Platinum Funding Group Announces UK Operations

Platinum Funding Group has announced the opening of Platinum Funding UK Limited in Basingstoke, England. (more…)


HSBC launches full asset-based lending proposition in the UK

HSBC Commercial Bank today announced the launch of a specialist asset-based lending proposition and the creation of a dedicated lending…


SMEs feeling the effect of economic downturn

Findings from a survey conducted by Venture Finance have provide evidence that UK SMEs are starting to feel the effects of…

#funding#invoice#security


Research shows small firms struggled to access finance before...

Small businesses struggled to access finance in the months before the credit crunch began to bite, according to a survey…


Lloyds TSB CF agrees GBP20m ABL facility

Nasmyth Group Plc has agreed a GBP20m asset-based lending (ABL) facility with Lloyds TSB Commercial Finance. (more…)


Profile of new ABFA chairman Tim Corbett

A profile of Tim Corbett, the man leading ABFA forward. (more…)

#bank#commercial finance#international


10% of SMEs now use invoice finance to actively...

New research shows that the UK's small companies are being hit by the double threat of suppliers billing quicker and…


New study makes interesting reading for lenders

A study monitoring the level of loans taken out by SMEs with a turnover of more than 1m has revealed…

#bank#Bank of England#interest rates


Leumi ABL provides GBP1m finance package

Leumi ABL have provided a funding package of more than £1m to Leeds-based entrepreneur Paul Ross, allowing him to expand…

#asset-based lender#bank#invoice

Late payments on the up

UK businesses now settle bills nearly four weeks beyond agreed terms, Experian advises businesses on the steps to avoid becoming…

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