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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 areas. (more…)

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


Platinum Funding announce first success story with UK operation

Platinum Funding UK Limited have announced the completion of a factoring facility for Hoarding, Fencing Decking (HF D), an Essex,…

#cash-flow#funding#i


SME confidence remains stable

Confidence levels amongst Britain's small business owners have stayed at the same level for two quarters in a row -…


Money owed to SMEs leaps to GBP 18.6bn

Britain's SMEs are owed a massive GBP 18.6bn in outstanding payments according to research commissioned by Bacs Payment Schemes Limited.…

#invoice#late payment#payment practices


Economic downturn causes increase in purchase of trade credit...

Companies are increasingly buying trade credit insurance to help protect them during the economic downturn, the Association of British Insurers has…

#insolvencies#risk#small businesses


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…

#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

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