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Bank of England reduces Bank Rate by 0.25% to...

The Bank of England's Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves to 5.00%. (more…)

Factoring look to Bank of England for rate cut

Over 40% of SMEs who responded to an ABFA survey this week said that the interest rate cut to 5.25% in February…


Speedy solution from Venture Structured Finance

Venture Structured Finance has provided electronic equipment specialists, Path Group Plc, with a funding solution to support a management buy…


GE Commercial finance packages up a refinance deal for...

GE Commercial Finance's Business Finance unit today announced it has provided a 1m refinancing deal to Red Rose Packaging Ltd.…

#business finance#commercial finance#funding


New regional base for Venture Finance

Venture Finance has opened a new regional office in Reading. (more…)

#Business Development Manager#invoice#WHO


Credit crunch leads to more failures – Equifax

The credit crunch has taken its toll on businesses, with new figures revealing yet another rise in the number of…


Opinion: The Lifting of the Ban on the Assignment...

Small Businesses have previously found it hard to bid for public sector debts because they could not use invoice finance…


SMEs push forward with growth plans

SMEs are remaining defiant in the face of the current economic turmoil and will not rein back expansion plans for…


Business failures leap as credit crunch hits companies

The credit crunch finally appears to be having an impact on UK businesses, with corporate failures in the UK increasing…

#bad debts#Clear#financial services


SFO investigation over Ј250k factoring fraud

Police are investigating allegations of fraud after Bury Council paid a bill from a supplier for 250,000 - despite the…

#Clear#factoring fraud#invoice


Ultimate Finance appoints manager for North Wales region

Factoring and invoice discounting provider Ultimate Finance is celebrating an upturn in business by appointing a new regional manager. (more…)


Hill Station says funds 'constrained' as invoice discounting facility...

Ice-cream producer Hill Station Plc. said it is facing 'constrained funds' in the coming months, after its invoice discounting facility…

New Regional Sales Director for Close Invoice Finance

Close Invoice Finance has appointed Earl O Connell as its new Regional Sales Director for East Anglia. (more…)

#awards#financial services#funding

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