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Bad debt levels soar by 61% for UK SMEs...

New research published by Bibby Financial Services (BFS) reveals the extent to which the UK’s small and medium sized enterprises (SMEs) are exposed to substantial debt stress today. The average bad debt amongst UK SMEs has jumped 61 per cent...

#Derek Ryan#insolvencies

Douglas Grant comments on GDP increase and its impact...

Commenting on the outlook for SMEs as GDP grows by just 0.1 per cent... (more…)

#Douglas Grant#GDP#Manx Financial Group


Penny launches embedded finance solution

In order to expand access to finance for ... (more…)

#embedded finance#Penny


Demand for trade finance set to increase in uncertain...

Demica has released its 2023 Benchmark Report for Banks in Trade Finance, its second annual report covering key trends across…

#platforms#supply chain finance#working capital


Bibby Financial Services partners with Kesslers London Ltd to...

Independent funder, Bibby Financial Services (BFS), has provided retail designer and manufacturer Kesslers London Ltd with a £3m Confidential Invoice…

#financial services#international#invoice


SMEs owed an average of £250k in late payments,...

New data from Time Finance has revealed the worsening challenge of late payment debt as it finds SMEs are owed…

#invoice payment#outstanding invoices#Phil Chesham


UK inflation’s rise will affect more SMEs to access...

Commenting on UK inflation's surprise rise as long-term liquidity concerns intensify for SMEs, Douglas Grant (pictured),  Group CEO at Manx…

#Douglas Grant#inflation#Manx Financial


Richard Carter, former BFS boss, joins Finativ

With more banking and commercial finance organisations seeking to grow outside their traditional product boundaries, specialist consulting and corporate finance…

#Finativ#Managerial Appointments#Richard Carter


New study calls Bank of England for more proportionate...

Allica Bank, the leading fintech SME challenger bank, is urging the Prudential Regulatory Authority (PRA) to consider changes to proposed…

#Allica Bank#FSB#Martin McTague


Castlelake supports TradeBridge expansion with £100m facility

Castlelake, L.P. (Castlelake), a global alternative investment manager specialising in asset-backed private credit with 17 years of experience investing in…

#Castlelake#working capital finance


NACFB comments on the Spring Budget and its impact...

Paul Goodman, Chair of the National Association of Commercial Finance Brokers (NACFB) comments on the UK Chancellor Spring Budget. Paul welcomed some…

#NACFB#Paul Goodman


Cynergy Business Finance makes new senior appointment

UK asset-based lending (ABL) company Cynergy Business Finance (CBF) has... (more…)

#asset based finance#Cynergy Business Finance

Two thirds of UK SMEs not confident that Chancellor’s...

Ahead of the Spring Budget, new data from SME funder Bibby Financial Services (BFS) reveals that small to medium sized…

#bank#international#working capital

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