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Commercial Credit News
Late payment crackdown must be top of domestic agenda for 2018
Tuesday, 02 January 2018
Tackling the late payment culture that devastates thousands of small businesses each year must be at the top of the Government’s domestic agenda for 2018.  
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Trade Finance package set to dial up growth for UK manufacturer
Friday, 22 December 2017
Spirit Circuits Limited, a leading innovative manufacturer of Printed Circuit Boards (PCBs) in the UK has secured a £4.1million funding package from Bibby Financial Services (BFS) to drive future growth. The package includes a combination of Invoice Finance, Trade Finance and Foreign Exchange facilities totalling £4.1m. 
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Transparency needed over threat to cash machine network
Wednesday, 20 December 2017
The Federation of Small Businesses (FSB) is backing calls for a thorough and transparent decision-making process over proposed changes, which could lead to a cut in the number of cash machines. LINK, the UK’s major cash machine network, has put forward plans to reduce the fee paid by card providers to cash machine operators. 
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Cheers! Local pub saved after landlord’s takeover
Wednesday, 20 December 2017
A landlord has secured the long-term future of his popular local pub after agreeing a commercial mortgage with specialist lender Together.  
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Independent Growth Finance creates a funding line for DQM GRC
Monday, 18 December 2017
IGF, the leading commercial finance provider for SMEs, has delivered an invoice finance facility to London-headquartered data management experts DQM GRC. 
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Ashley Finance appoints Scott Brown as Sales Director for the West Midlands
Monday, 18 December 2017
Specialist small business lender, Ashley Finance, has appointed Scott Brown as its new Regional Sales Director for the West Midlands.
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Winning the Apprentice doesn’t make you safe from the boardroom forever
Thursday, 14 December 2017
Creditsafe Group, the global business intelligence expert, has found that despite a significant investment from Lord Alan Sugar, past winners of the show still have a relatively low net worth and poor credit rating. 
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FSB on ‘unsettling’ jobs figures
Wednesday, 13 December 2017
Official statistics published today show that unemployment in Scotland rose to 4.1% in the three months to October. Employment in Scotland fell by 32,000 over the period while UK unemployment was unchanged. 
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1.3 million SME owners will miss family festivities this year
Wednesday, 13 December 2017
A quarter (24%) of small business owners in the UK will miss Christmas celebrations this year, due to business and work load commitments. This is according to new research from Ultimate Finance which shines a spotlight on the personal strains that British SMEs are under. 
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iwoca wins Nesta Challenge Prize for shaping the future of small business lending
Wednesday, 13 December 2017
iwoca, Europe’s most innovative small business lender, has been announced a winner of the Open Up Challenge by innovation foundation, Nesta’s Challenge Prize Centre. iwoca is among ten companies that will each receive an award of £100,000 to develop innovative finance solutions based on Open Banking.
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Access to funding 'make or break' to small business success in 2018
Wednesday, 13 December 2017
More than two in five small business owners (43%) say that specific expansion plans for 2018 would have to be put on hold if they were unable to secure funding, according to new research by Hitachi Capital Business Finance. 
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