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First Finance launches invoice discounting product

Mbabane-based First Finance has launched an invoice discounting solution to boost companies with cash flow and working capital problems. (more…)

#cash-flow#invoice#late payment

Government fails to pay 55,000 SMEs on time

Small business leaders in Australia have called for their government to introduce a small business commissioner, after a report found…

#cash-flow#invoice#late payment


‘Bully boy tactics” to add to SME problems

According to a survey of credit and finance professionals, more than two thirds of leading international and UK suppliers are…

#forum#interest rates#international


Invoice financing booms in Northern Ireland

Invoice financing is catching on in Northern Ireland s business community, according to local lenders. (more…)

#financial services#invoice#late payment


SME suppliers put hospital trusts in the “hall of...

...NHS hospital trusts have become the latest b te noire of small business owners angry about late payment from large…

#forum#late payment#payment terms


Intermediaries highlight need for education

The need to educate UK small and medium-sized businesses on their funding options... (more…)

#financial services#interest rates#invoice


The financial strength of the automotive industry saw a...

The rate of business insolvencies for the automotive industry fell from 0.14 per cent in July 2009 to 0.10 per…

#insolvencies#insolvency#late payment


New survey reveals the cost of human error

35% of Accounts Payable departments have not paid suppliers due to internal finance errors 24% know their own organization has…

#accounts payable#cash-flow#international


Businesses consider invoice finance as payment times increase

Fifty two per cent of SMEs would consider an invoice finance facility to help them cope with customer s late…

#cash-flow#invoice#late payment


Late payments costing SMEs almost Ј2 billion a year

Chasing late payments could be costing the UK s small business sector 1.9 billion a year, according to new research…

#financial services#invoice#late payment


Business payment times improve in 2009

UK businesses have significantly improved the time it takes them to settle their bills, according to the latest Late Payment…

#Commercial Credit#late payment#payment behaviour


Recession is “catalyst” for business change, says CBI

UK business organisation CBI has heralded the recession as a catalyst for a decade of business change, in its latest…

#financial services#late payment#supply chain finance

Bibby chief urges larger firms to take up invoice...

 Edward Rimmer, Chief Executive of Bibby Financial Services, has spoken out against larger firms failure to sign up to the…

#financial services#invoice#late payment

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