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Commercial Credit News
Manufacturing hits record highs in UK business confidence
Thursday, 17 August 2017
Manufacturing continues as the principle driving force behind business confidence in the UK, according to the latest results (Q2 2017) from the UK’s Credit Managers’ Index (CMI), the quarterly barometer from the Chartered Institute of Credit Management (CICM).
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FSB in Scotland on employment figures
Thursday, 17 August 2017
New figures published today show that Scottish unemployment decreased to 3.9% in the three months to June 2017, while employment also increased by 1.1% to 75.2% over the same period. 
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Asset finance up 16% in June
Wednesday, 16 August 2017
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 16% in June, compared with the same month last year, and by 12% in the second quarter of 2017 overall.
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Final call for entries to the NatWest Great British Entrepreneur Awards
Wednesday, 16 August 2017
Applications for the 2017 NatWest Great British Entrepreneur Awards close in just four days and organisers are asking entrepreneurs to send in their applications by Friday 18th August.
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Samworth Brothers increases visibility on credit management using Sidetrade Network
Wednesday, 16 August 2017
Samworth Brothers is a British company producing premium quality chilled and ambient foods, both own label and brand. Since 1896, Samworth Brothers has been building a business whose values are deeply held - a commitment to people and communities, to quality and customer service, and to reinvestment in the business.
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Bibby Financial Services North America Provided $16M to Clients in Q2 2017
Wednesday, 16 August 2017
Bibby Financial Services (BFS) today announced that it has provided $16M in funding to 77 new clients in the second quarter of 2017. BFS US and BFS Canada brought on 56 and 21 new clients respectively, during the second quarter. The Nashville-based Bibby Transportation Finance (BTF) group brought on a significant number of the new clients for BFS US delivering timely freight bill and invoice financing solutions to small and medium-sized trucking and logistics companies.
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ArchOver appoints Nick Jones as Regional Director
Wednesday, 16 August 2017
ArchOver, the peer-to-peer (P2P) business lending platform, has appointed Nick Jones as Regional Director. He will be responsible for growing the business’s network of borrowers across the Thames Valley and Chiltern areas as part of ArchOver’s aim to lend more than £60 million by the end of the year. Jones will proactively identify businesses that have been trading for more than three years, have a turnover of more than £3 million and are looking for credit to continue growing. He joins an expanding team of regional representatives, with ArchOver now sourcing funding for businesses across London, the South East, the Midlands, the North and the Home Counties.
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SFP gives hospitality company fresh start and saves all staff in process
Monday, 14 August 2017
Nationwide insolvency practitioner, SFP, has completed a sale of the business and assets of Fresh Hospitality Limited (Fresh), a catering business trading as the ‘Sociable Folk Café’, saving the jobs of all 17 employees in the process.  
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Alternative premier league table: Chelsea to be relegated
Friday, 11 August 2017
Data released today in Creditsafe’s Credit Worthiness Premier League, has revealed that Chelsea is set to be relegated from the 2017 Premier League – if the final standings were based on company credit ratings.
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As poor economic data is released, the Forum of Private Business warns of perfect storm brewing
Friday, 11 August 2017
The Forum of Private Business is advising members to have a survival plan in place as the UK goes through the Brexit negotiations.
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TLM Technologies receives £1.35 million in P2P financing through ArchOver to fuel expansion
Wednesday, 09 August 2017
Prior to 2015, TLM Technologies was a small fuel pump maintenance business. Fast forward to today and its expertise within the convenience and fuel sectors (CFS) has firmly established the company as one of the UK’s technology success stories, supporting large-scale, blue chip clients including Costa Coffee and Sainsbury’s in making smarter, more profitable decisions.
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