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The Financial Times (FT) reported that Lloyds Banking Group is preparing to close its invoice factoring service for small and medium-sized businesses before the end of 2025, citing people familiar with the plans. Lloyds declined to comment when approached by...
#factoring
Alex Waterman, Principal, Invoice Finance and Asset-Based Lending; Commercial Finance, UK Finance, share insights on the UK factoring market in…
Luke Trayfoot, Global Head of Strategic Partnerships at YouLend, provided insights into the expected developments in SME finance, outlining the…
#sme finance
Barrington Exchange, the Glasgow-headquartered foreign exchange management and financial services firm, has expanded its offering with the launch of an…
#invoice finance
Nearly three-quarters of UK businesses continue to provide flexible working arrangements, including three days in the office and two days…
#businesses
The failure of Herefordshire-based WSH Logistics followed the discovery of substantial inaccuracies in its sales ledger, which in turn caused…
#invoice discounting
Ultimate Finance has provided a £2m structured finance package to support a 75% management buy-in at a timber and builders’…
Finity has announced a new partnership with Manchester-based invoice-finance platform Hydr, introducing an integrated payroll-and-funding solution designed for recruitment and…
Lloyds and WaveBL, a blockchain-based platform for digital trade documents, have successfully completed a digital letter of credit (LC) transaction.…
#digitalisation
Aldermore Bank (Aldermore) has completed its first transaction under the government-backed Growth Guarantee Scheme (GGS), supporting the management buy-in of…
Shawbrook has provided a £44m asset based lending (ABL) facility to support the carve-out acquisition of Ecobat Resources UK Ltd…
#asset based lending
Love Finance, the UK’s fastest-growing SME lender and broker, has partnered with iwoca, one of Europe’s leading SME lenders, to make…
#SME lending
Michael Bickers, Managing Director of BCR Publishing, spoke with Professor Michael Mainelli (pictured)—Chairman of the Z/Yen Group, President of the…