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UK

Secure Trust Bank provides £70m in funding for PE-backed...

Secure Trust Bank’s Commercial Finance division has provided more than... (more…)

#bank#CBILS#commercial finance

BFS provides £4m invoice discounting facility

ibby Financial Services (BFS) has provided a £4m invoice discounting facility to... (more…)

#financial services#invoice#SAFE


Trade Ledger raises £13.5m

Lending-as-a-service (LaaS) platform Trade Ledger has raised £13.5m in a Series A ... (more…)

#Trade Ledger


Despite changes to Prompt Payment Code, UK SMEs will...

Small businesses have taken the brunt of the pandemic, with many SME’s... (more…)

#COVID-19#smes


Arbuthnot Commercial ABL backs MBO of MDS Civil Engineering...

Arbuthnot Commercial Asset Based Lending has provided a... (more…)

#Artbuthnot Commercial ABL


iwocaPay becomes Xero’s first invoice checkout integration

iwoca, one of Europe’s largest small business lenders, is ... (more…)

#fintechs#invoice#payment terms


Comments from the industry on Q4 2020 GDP increase...

The UK economy has avoided a double-dip recession at the end of... (more…)

#CBILS#Manx Financial Group#recession


Cubitt Trade Holdings acquires Calverton Finance

Cubitt Trade Holdings (Cubitt), the specialist UK based finance company are delighted to... (more…)

#Cubitt Trade Holdings


Half of SME Bounce Back Loan borrowers still likely...

Funding Xchange analysis suggests that half of the 1.4 million... (more…)

#bank#bank loan#liquidity


Manufacturer banned after abusing factoring agreement

Daniel Jon Knowles (36), from Bromsgrove, Worcestershire, was a director of HE Knowles (Manufacturing) Ltd. Incorporated in... (more…)

#factoring fraud


Director handed 10-year ban for creating fake invoices

Pure Point was incorporated in April 2009 and Russell Ivan Murch... (more…)

#fake invoices#insolvency#management


Arbuthnot Commercial ABL hires new Business Development Director

...has joined Arbuthnot Commercial Asset Based Lending (ABL) as Business Development Director... (more…)

#Arbuthnot Commercial ABL

Ultimate Finance’s SME lending exceeds £1.5bn

Specialist asset-based lender Ultimate Finance provided in excess of ... (more…)

#international#invoice#SME lending

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