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Two-thirds (65%) more businesses are experiencing difficulty in accessing finance from high-street banks than they were in 2022 as mainstream lenders pull away from the SME market, according to new data from Sonovate, the leading provider of embedded finance and...
#Cash flow#embedded finance#Richard Prime
As reported earlier, the UK Electronic Trade Documents Act (ETDA) received Royal assent on 21 July and comes into force on 20…
#C4DTI#electronic trade documents#Electronic Trade Documents Act
ollowing the Bank of England’s decision today to raise interest rates... (more…)
#Bank of England#interest rate
Recent figures from the ONS have revealed a 15 per cent drop in insolvencies in the last 12 months, with reports falling…
#insolvencies#Time Finance
JLM Global Foods, a Darlington-based food company, has ensured a financial package of... (more…)
#Leumi ABL
At the end of last week, the UK approved the Electronic Trade Documents Act... (more…)
#electronic trade documents#Electronic Trade Documents Act#ETDA
Business fraud is globally on the rise. In the UK this has prompted the insurer Allianz Trade to launch a…
#Allianz Trade
Chaser, a leading provider of intelligent accounts receivables software, has launched a late payment predictor. By leveraging machine learning, the…
#AI#credit risk management#invoice management
Research from Bibby Financial Services (BFS) finds that women SME owners are more likely than men to suffer cashflow challenges,…
#business finance#Cash flow
Yesterday, the Electronic Trade Documents Act 2023 received Royal assent... (more…)
#electronic trade documents
Specialist asset-based lender Ultimate Finance provided funding of more ... (more…)
#Josh Levy#working capital
MODIFI, the global cross-border business payments company, has secured a US $100 million debt facility with HSBC Innovation Banking UK…
#debt facility#digital platform#MODIFI
Since last December a string of suppliers to the fashion industry have been hit by a reduction in credit insurance…
#Allianz#trade credit#trade credit insurance