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Nearly 20%of all UK firms have less than a month’s cash in reserve, and nearly half will furlough 50% of staff this week, a British Chambers of Commerce (BCC) study shows. The BCC’s first Coronavirus Impact Tracker, which surveyed a...
#COVID-19#UK firms
Nucleus Commercial Finance announced the expansion of its Asset Based Lending (ABL) team in... (more…)
#Nucleus Commercial Finance
The prospect of higher SME loan defaults has prompted Fitch Ratings, a provider of global credit ratings, to take “rating…
#bank#Bank of England#invoice
Exports from the UK to these markets totalled GBP499bn ($610bn) last year, accounting for ... (more…)
#UKEF
The news comes as retail businesses throughout the UK have dealt with their first week of store... (more…)
#e-commerce#interest#MarketFinance
1pm plc (1pm) have announced that they remain open for business and available... (more…)
#1pm
Pulse Cashflow Finance Ltd, an invoice finance broker in the UK, offers construction linked... (more…)
#Pulse Cashflow Finance
The Chief Executive of 1pm plc, Ian Smith has called on the government to urgently review its ... (more…)
#1pm#bank#invoice
1pm, a specialist provider of finance facilities to UK SMEs, said on Thursday... (more…)
MV Asset Finance has fast-tracked a new package of support measures that can be specially tailored to meet individual customer…
#funding#interest#invoice
Invoice finance fintech firm Optimum Finance has responded to the economic uncertainty... (more…)
#Optimum Finance
Fiducia Group has unveiled a new asset finance division offering bespoke funding solutions to... (more…)
#business finance#funding#invoice
The Coronavirus Business Interruption Loan Scheme (CBILS), which is aimed at helping... (more…)
#Coronavirus