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The value of bad debt suffered by small businesses has surged by a staggering 127 per cent, according to a report by SME funder, Bibby Financial Services (BFS). According to the latest SME Confidence Tracker, businesses have written-off an average...
#bad debts#BFS#Bibby Financial Services
The Small Business Commissioner, with the support of the Department of Business and Trade, will be launching a new Fair…
#Fair Payment Code#Gareth Thomas#late payments
Commenting on national investment stagnation despite inflation falling below 2 per cent for the first time in over three years,…
#Douglas Grant#inflation#investment stagnation
Ebury, one of the world’s fastest-growing global fintechs, has opened its first office in Auckland, New Zealand. With this strategic…
#cash management#fintechs#international
Ahead of a “painful” Budget expected this autumn, new research from independent SME funder Bibby Financial Services (BFS) reveals that…
#bank#commercial finance#financial services
Kredit Hero, Asia’s first AI-powered lending marketplace for small and medium-sized enterprises (SMEs), has expanded its operations to the Philippines,…
#AI#artificial intelligence#SME financing
Unifiedpost Group SA (Unifiedpost), a leading provider of integrated business communications, announced that its payment institute, Unifiedpost Payments SA, has…
#bank#digital#invoice
Dancerace, a leading provider of software systems for global banks and business lenders, today announced a significant new investment from…
#financial services#international#invoice
International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade…
#financial services#international#International Trade
According to the latest data from FCI, the global factoring industry grew by 3.6 per cent in 2023. Roberto Gutiérrez…
#bank#financial services#smes
Commercial International Bank (CIB), Egypt’s leading private-sector bank, has announced that it has launched its new “Sustainable Finance Loan” targeting…
#bank#international#smes
Aura, a fintech company specialised in invoice finance solutions for SME cash flow, has signed a Memorandum of Understanding (MOU)…
#guarantees#invoice#payment terms
Specialist asset-based lender Ultimate Finance reports it has secured £370m in wholesale funding for the next three years, a combination…
#asset-based lender#bank#Lloyds Bank