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Whilst most people love Christmas it can also have a dark side for businesses, which in some cases can be crippled by a cashflow crisis.�
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Small businesses are increasingly looking to alternative sources of credit as a result of banks refusing to lend, according to a new report from Simply Business.�
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Invoice discounting helped free up much needed cash for a newly acquired business to enable it to grow and meet rising demand.�
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In an economic climate still dominated by uncertainty, everyone is looking for the safest way to handle their money. For small businesses, it is imperative they choose wisely, as banks are growing increasingly selective and one mistake could make it much harder for them acquire finance later on.�
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- 31/03/2011
The National Association of Commercial Finance Brokers' (NACFB) Commercial Finance Expo is taking place in June this year at the Birmingham NEC's Pavilion.�
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Cash flow at many growing companies is stretched to breaking point thanks to the current uncertain economic climate, VAT rise and rising fuel costs.�
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Small and medium-sized businesses that use factoring and invoice discounting are reporting higher levels of turnover and profitability than those using overdrafts or credit cards to fund their businesses.�
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The Federation of Small Businesses is calling upon local authorities and banks to give small businesses some more breathing space as cash flow continues to be a major problem for many.�
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- 11/11/2010
It seems even the most privileged of business people sometimes could use the services of an invoice factoring firm, as a recent case involving Channel Five and Rupert Murdoch’s daughter has demonstrated.�
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- 19/10/2010
New figures show that there was a two per cent increase in asset-based lending in the second quarter of 2010, compared with the same period a year before.�
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