Industry News

Recent Industry News

Invoice finance is proving a popular business finance alternative for many SMEs

New prompt payment culture urged A universal culture of prompt payments need to be adopted across the UK to help businesses help themselves, according to business body the Confederation of British Industry (CBI). Currently more…

Invoice ifnance can work well to support ambitious small businesses and SMEs with added cashflow

UK economy posts strong economic growth The UK economy saw growth of 1.9% in 2013, the highest recorded since 2007, according to the latest figures from the Office of National Statistics (ONS). Growth for Q4 fell slightly on the…

Factoring and invoice discounting is often highly suitable for new start businesses

Invoice Finance: Not As Expensive As You Think? Recent surveys have suggested that access to traditional banking facilities remains tricky for UK enterprises despite the improving economic conditions. Together with the fact that costs are…

Manufacturing firms supplying to the large car makers can utilise invoice finance to unlock their cashflow

UK car production hits six-year high More than 1.5 million cars were made in the UK last year, a six-year high, according to the trade body the Society of Motor Manufacturers and Traders (SMMT). Equating to one car made every 20…

New start businesses that issue invoices can often unlock their cashflow with invoice finance

Financial health of ‘corporate UK’ improving says report Fewer UK businesses are experiencing ‘critical’ levels of financial distress, according to the latest report produced from Begbies Traynor Red Flag Alert figures for Q4 2013, as increasing business…