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Tag Archives: Invoice Discounting
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.
Also tagged avoid cash flow problems, factoring Comments closed
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.
Also tagged cash flow problems, invoice factoring, invoice finance Comments closed
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.
Also tagged cash flow problems, commercial finance, factoring Comments closed
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.
Also tagged commercial lending, factoring, factoring finance, invoice finance Comments closed
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?
Also tagged factoring finance, invoice finance, UK Prompt Payment Code Comments closed
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Invoice Factoring – better than an overdraft