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FSB: Target £6bn Scottish council procurement spend on smaller firms
Wednesday, 19 April 2017
The average Scottish council spends less than a fifth of their procurement budget with local small and medium sized enterprises (SMEs), figures uncovered by the Federation of Small Businesses (FSB) show. 
FSB: Small Business confidence at highest level for a year - comment from ThinCats
Thursday, 13 April 2017
Damon Walford, Chief Development Officer at peer to peer lender ThinCats, said:   “Despite the challenges of rising inflation and higher supply costs, the UK’s SME owners are expressing more confidence about the future than they were six months ago. This is especially the case with small exporters, which are benefitting from UK goods and services becoming more competitive overseas thanks to the weaker pound.
Siemens Financial Services appoints Paul Walsh as Regional Corporate Director for Invoice Finance
Thursday, 13 April 2017
Siemens Financial Services (SFS) has appointed Paul Walsh as Regional Corporate Director for its Invoice Finance team. In post since November 2016, Paul, who is based in Birmingham, is responsible for providing and developing invoice finance services for clients across both East and West Midlands, as well as the wider UK central region to include the Stoke-on-Trent, Telford, Worcester, Oxford, Norwich and Lincoln areas. He will work to build a client base of SMEs and large corporates from a wide range of sectors, including manufacturing, engineering, printing, wholesale, pharmaceutical, recruitment, hospitality and more. 
Independent Growth Finance reports £47.3m funds out in first year since MBI/MBO
Thursday, 13 April 2017
IGF, the leading commercial finance provider for SMEs, has reported a 273% increase in funds out since its management buy in/buy out in March 2016, with a total of £47.3m delivered to businesses across the UK. The business now boasts a nationwide presence following the opening of five new regional bases and 22 new hires. 
Redwood secures banking licence from regulators
Monday, 10 April 2017
Redwood Bank, a new UK SME Business bank, has secured a banking licence following approval from the Financial Conduct Authority (“FCA”) and Prudential Regulation Authority (“PRA”).  Redwood will now enter its mobilisation phase and expects to launch to customers later in 2017. 
Independent Growth Finance engineers funding for MHL Civil
Monday, 10 April 2017
IGF, the leading commercial finance provider for SMEs, has recently delivered a £300k working capital facility to Glasgow civil engineering firm, MHL Civil.
Aldermore hits £200 million block discounting milestone
Monday, 10 April 2017
Aldermore, the specialist bank, has announced that it has now extended over £200 million in block discounting facilities to its clients. 
Ruth Duncan appointed President of the Insolvency Practitioners Association
Monday, 10 April 2017
Ruth Duncan, a director and co-founder of insolvency firm RNF Business Advisory, has been announced as the new President of the Insolvency Practitioners Association (IPA).  
Solid growth in asset finance in February
Friday, 07 April 2017
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 8% in February, compared with the same month in 2016.
Bibby Financial Services appoints UK Corporate Sales Director
Friday, 07 April 2017
Business funder, Bibby Financial Services (BFS), has appointed Ben Smith as UK Corporate Sales Director, as the company looks to strengthen its support for larger SMEs.
Atradius - Businesses recognise value of trade credit insurance
Friday, 07 April 2017
Atradius has welcomed a new report by the Association of British Insurers (ABI) which demonstrates the value that trade credit insurers provided to businesses last year.
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