The Bibby Financial Services Group has launched Bibby Invoice Discounting Ltd, a new division that will work alongside sister company - Bibby Group of Factors - the largest non-bank-owned factoring organisation in the country.
Confidence in the euro has fallen by 18% amongst UK Exporters, according to new research from Bibby Financial Services. Today less than half of exporters (47%) believe that the UK should join the euro, compared to 65% in 2000.
Britain’s high street banks are failing the country’s exporters according to new research from Bibby Financial Services. More than a third (38%) of those surveyed said that their banks do not meet their needs.
Commercial debt is now exceeding a staggering Ј60 billion, with half (50%) of all trade debts in the business-to-business environment paid late and a fifth (20%) of the 200,000 businesses that extend credit now employing third-party agencies to as
GLE Invoice Finance, providers of cash flow solutions, with its Head Office based in Kent, is changing its name with effect from 15th October 2001 and will become Independent Growth Finance.
Lending to small businesses increased by over Ј1.2 billion (3.1%) in the third quarter of 2001 to Ј41.4 billion.
GE Capital Commercial Finance has announced that they have signed an agreement with Potential Finance Group to provide them with a Ј25m committed funding facility for a minimum of three years, and on 26 October 2001, Potential received the first t
Lloyds TSB Commercial Finance, the provider of invoice discounting and asset based financial solutions, has reported a 50% growth in both asset-based lending deals and funds advanced to date this year.
Private service sector activity falls for second month running and at fastest rate in survey history, as adverse effects of September 11 are increasingly widely felt.
