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Liz Bingham, London head of restructuring at Ernst & Young, comments on the Q2 Insolvency Service statistics released on 1 August 2008. “The quarterly rise in corporate insolvencies in Q2 2008 isn’t surprising given the economic news of recent months. Moreover,...
Factors, invoice discounters and asset-based lending specialists all report an increase in inquiries from firms seeking alternative sources of cash…
KPMG, the global network of professional services firms, has appointed Ed Birch to its ABL Transaction Support team in London.…
A recently launched training company is on track to hit sales of 2m in its first year after receiving funding from the asset-based…
#Carillion#commercial finance#management
Independent factoring company Arbuthnot Commercial Finance has been acquired by Bibby Financial Services group for an undisclosed sum. (more…)
#acquisition#commercial finance#financial services
According to the latest Business Credit Index there has been a 500% rise in county court judgments over the past…
Deloitte, the business advisory firm, has announced its analysis of the retail administration figures for the second quarter of 2008.…
The number of British businesses who are planning on making job cuts in response to the increasingly dour economic climate…
Funding from Cattles Invoice Finance has enabled Capital-based start-up company MXN Property Maintenance to secure contracts. (more…)
#funding#invoice
Experian, the global information services company, today revealed that 10,512 UK businesses failed in the first half of the year,…
North West manufacturer, Harman Acoustics, is the latest of the region's companies to defy talk of an economic slowdown by…
#alternative funding#bank#funding
The ABFA has commissioned two economic reports per year, timed to accompany the Q2 and end of year statistics. (more…)
Davenham Group plc has completed an extensive new branding exercise, which reinforces the strengths and ideals of the asset-based lending…
#bank#business finance#risk