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Interest rates cut by average 1 and 1.6pc for smaller businesses. (more…)
#bank#Bank of England#interest rates
SWIFT establishes an Institute to commission independent researches into global transaction banking. (more…)
#bank#Bank of England#conference
Bank lending to British businesses fell at the fastest pace in almost two years in February, according to the Bank…
#asset based finance#bank#Bank of England
Companies are battling rising costs and increased security demands in their efforts to secure bank credit, the Bank of England…
#alternative financing#bank#Bank of England
More business owners are resorting to drawing on their own personal savings to keep their businesses going compared to this…
#bank#Bank of England#insolvency
Edward Wilde, who is Legal Council to the ABFA, examines the UK Government and EU Commission reviews of the laws…
#assignment of receivables#bank#Bank of England
Lending under Government flagship small business lending scheme, the Enterprise Finance Guarantee (EFG), has fallen to a new record low,…
#bank#Bank of England#guarantee
Bank of England (BoE) governor, Mervyn King, has called for the government to set incentives for banks to boost lending…
#bank#Bank of England#credit risk
The Interface Financial Group (IFG) has announced that the company will offer support to small businesses that are struggling with…
The Chancellor of the Exchequer, George Osborne, has announced a new programme of credit easing in which the Treasury would…
#bank#Bank of England#bonds
The lending freeze that has gripped markets since the financial crash of 2008 is starting to thaw, firms in the…
#bank#Bank of England#invoice
Kate Sharp, Chief Executive of the ABFA, provides an overview of the UK factoring market for the World Factoring Yearbook 2011,…
#bank#Bank of England#international
Asset-based finance is emerging as the fallback option for businesses seeking funds, with many fearing banks will cut overdrafts or…
#bank#Bank of England#forum