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The UK government has announced that a ban on contractual clauses preventing businesses from securing invoice finance will come into effect early next year (more…)
#asset based finance#invoice#security
To aid its development financing objectives, in particular for SMEs, the Bank of Industry (BoI), has secured a USD100m line…
#AfDB#African Development Bank#bank
Xero has announced two new features being rolled out in the following weeks that help small business owners improve cash…
#bank#cash-flow#invoice
Fundbox has announced that they have closed USD50m in new financing, including participation from Ashton Kutcher (more…)
#cash-flow#funding#invoice
The Royal Bank of Scotland (RBS) has hired Bank of America Merrill Lynch to prepare a spin-off of its Williams…
#bank#Bank of America#crisis
According to the Asset Based Finance Association (ABFA), the number of start-ups and small businesses borrowing against assets is growing…
#asset based finance#business finance#funding
Australian online lender Prospa has announced the securing of AUD60m in capital to expand its SME finance offering (more…)
#business finance#investment#small business
Small businesses throughout the UK will have a greater chance of working on government contracts, with a third of national…
#asset based finance#invoice#small business
Despite Government attempts to enforce a code for prompt payment and plans to appoint a Commissioner to oversee business rows,…
#financial services#Paid#payment terms
Factoring Club has announced a new web platform – FactoringClub.com – for small business financing (more…)
#bank#invoice#purchase order
A UK-based specialist funder for the recruitment industry has secured a GBP4m funding package from RBS Invoice Finance and RBS…
#invoice#management#small businesses
Rising pressure from the Chinese government crackdown on using borrowed money to trade stocks is driving lenders from the market…
#small businesses#trade
According to data published by the Peer2Peer Finance Association, Britain’s peer-to-peer lending sector has experienced a record quarter – lending…
#Clear#platforms#small businesses