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ABL: Pawnbroking for the corporate or the start of...

Asset-based lending (ABL) is one of those industry buzz terms that refuses to go away. Unsurprisingly its significance, potential and related pitfalls formed the centrepiece to a keenly attended debate at the FDA annual conference (X-Factor), which was held in...

Versailles Trade Finance fraudster pays millions to compensate victims

Carlton Cushnie, the convicted fraudster and former chairman and finance director of Versailles, has handed over millions of his ill-gotten…


Ashley builds South East team

Ashley Commercial Finance Ltd has announced the appointment of its Regional Sales Director for the South East (more…)

#bank#commercial finance#funding


IGF appoints Ruth Salhus as Client Manager for the...

Ruth joins IGF from the South African factoring and invoice discounting market, where she has spent 23 years in a…

#bank#IGF#Independent Growth Finance


Landsbanki Commercial Finance assists with recommended offer for Austin...

A bridging loan provided by the asset-based lender Landsbanki Commercial Finance is enabling the public offer for the Austin Reed Group…


Now is the right time to join the FDA...

Davenham Trade Finance has joined the Factors Discounters Association (FDA), a move described as timely by its (more…)


GMAC Commercial Finance PLC appoints Business Development Manager

GMAC Commercial Finance Plc (GMAC CF) has strengthened its sales team with the appointment of (more…)


Siemens Receivables Finance reports strong demand for new block...

Only three months since the business was launched, 24 finance companies now have credit lines in place with Siemens, including…


Coface Receivables Finance provides credit line for cash flow...

From a small office outside Cardiff a former electrical engineer is hoping to transform the way in which small businesses…


Dramatic increase in late payments – survey

Problems with late payments have increased sharply in the past 12 months, according to a survey by BACS, the electronic…

#interest#late payment#smes


Company winding up and bankruptcy petition court statistics for...

The Department for Constitutional Affairs (DCA) today published statistics for company winding up and creditors' and debtors' bankruptcy petitions issued…

#bankruptcy


UK interest rates increased to 5%

The Bank of England has increased UK interest rates to a five-year high because of inflation concerns. Its one quarter of…

Small firms claim late payment legislation is unusable

More than 90 per cent of small firms are failing to use their legal right to charge interest on late…

#bank#Bank of England#insolvency

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