Blog Posts

New Web Site Launch

Factoring Finance Ltd, are very pleased to be launching our new web site today.
With more than 50 years industry…

UK Prompt Payment Code Hypocrisy

It is a well known fact that cash flow problems are to businesses, what heart disease is to public health.

UK Prompt Payment Code Hypocrisy – Part 2 ‘Which North West Councils are NOT signed up’

As we know, the effect of late payments on SME’s is highly documented and a current hot topic given the state of the economy. Despite this nearly half of the 41 North West of England Councils are not signed up to the Prompt Payment Code, which begs the obvious question as to why?

The Big Question – Are Banks Lending Again?

Whilst Lloyds maintains it has slightly increased the amount of its commercial lending levels, it does acknowledge that the credit markets as a whole are still largely down on the previous year.

UK construction industry growth best since Dec 2007

According to figures released last month, the UK construction industry is currently experiencing the fastest rate of growth since Dec 2007. Driven by growth in both the residential and commercial property sectors, April was the second month of consecutive growth in construction activity.

Surge in online retail activity and invoice finance

Small businesses operating eBay online stores received a welcome boost recently when it was revealed that in general the online business sector has seen rapid growth over the past 12 months.

Banks accused of ‘fleecing’ customers

With the UK interest rates held at an unprescedented 0.5% for the 18th consecutive month, more and more critiscism is being directed towards the banks and accusations of ‘fleecing’ are as popular as ever.

Invoice Finance Case Study – The UK Camping Industry

Camping has overtaken bed and breakfast stays in popularity for the first time, with at least 5.4 million families expected to make the most of the hot summer* by sleeping under the canvas this year.

Ultimate Finance in reverse takeover talks (industry news)

According to LONDON (SHARECAST) – Trading in Ultimate Finance shares was been suspended on Wednesday (22nd Sep) after the provider of invoice discounting, factoring facilities and asset finance confirmed it is in talks that may lead to the acquisition of a factoring services (flexible loans) business.

YouGov survey – Birmingham SME’s use of Invoice Finance rising

Small to Medium Enterprises (SME’s) in Birmingham accorinding to a YouGov survey are said to be using invoice discounting and factoring to improve access to finance while credit conditions remain tough.

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