Tag Archives: Invoice Discounting

Invoice Factoring – better than an overdraft

Overdrafts are repayable on demand....With factoring or invoice discounting, as long as you don’t breach the terms of the facility agreement it is not possible for the facility to be withdrawn
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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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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.
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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.
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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.
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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?
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