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Commercial Credit News
Bibby Financial Services Strengthens Canada Team With Two New Executive Appointments
Thursday, 23 February 2017
Bibby Financial Services Canada (BFS) is proud to announce two new executive appointments with Calum Williamson promoted to the role of President and James Poston now serving as Executive Vice President of Business Development. In these expanded roles, Williamson and Poston will take on additional responsibilities and continue to lead the company’s growth in Canada from its Mississauga headquarters.
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Aldermore announces key business finance appointment in Southern region
Wednesday, 22 February 2017
Aldermore, the specialist lender and savings bank, has further increased its presence in the South of the UK with the appointment of Graeme Elliot to its Invoice Finance team. 
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LSE Growth Commission report - UK Growth: A New Chapter
Wednesday, 22 February 2017
On Thursday 23 February, the LSE Growth Commission sets out a new blueprint for inclusive and sustainable growth in the UK that deals with the challenges facing the UK, old and new.  
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FSB: Sensible Scottish rates moves must be combined with wider reforms
Wednesday, 22 February 2017
Scottish Government Cabinet Secretary for Finance Derek Mackay has revealed new measures to cushion the impact of this year’s business rate revaluation – with specific help for the hospitality industry and the north east of Scotland.  
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Bibby Financial Services structures ABL package for Surrey-based manufacturer
Tuesday, 21 February 2017
Bibby Financial Services, (BFS) has agreed a £2.4m Asset Based Lending package with Fixing Centre, a leading manufacturer of stainless steel anchors and fixings for the construction industry.
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Euler Hermes appoints Milo Bogaerts, CEO, Euler Hermes UK and Ireland
Tuesday, 21 February 2017
Euler Hermes, the worldwide leader in trade credit insurance, announced the appointment of Milo Bogaerts as chief executive officer for Euler Hermes UK and Ireland, effective April 1, 2017, pending regulatory approval. He succeeds Valerio Perinelli, who has resigned for personal reasons. The position is based in London and reports to Fabrice Desnos, head of region for Northern Europe.
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Commonwealth Enterprise and Investment Council launches new trade platform to boost UK growth
Tuesday, 21 February 2017
A new business and trade platform designed to increase trade between the UK and the rest of the Commonwealth will launch in London on Wednesday 22nd  February, 2017.  
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High Street Businesses being put under unsustainable pressure Forum of Private Business tells BBC
Monday, 20 February 2017
As the impact of the Business Rate Review starts to hit high street businesses, the Forum of Private Businesses, which represents many of the independent and family businesses who will be impacted, is highlighting that Business Rates are just one of the costs that disproportionately penalises small businesses. 
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Morrisons looking for 200 UK suppliers, clear opportunities for SME
Monday, 20 February 2017
Aamar Aslam, CEO of Funding Invoice, the invoice trading platform, comments on the opportunities for smaller suppliers as Morrisons starts its search for more British suppliers:   “Morrisons’ search for 200 more UK suppliers is a positive move for SMEs in the grocery sector, with an opportunity to supply to one of the UK’s largest supermarket chains. Smaller farming suppliers in particular will be in high demand, given the recent vegetable shortages from growers further afield already affecting consumers.
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Independent Growth Finance delivers £4.5m lending line to Thane Direct UK
Monday, 20 February 2017
IGF, the leading commercial finance provider for SMEs, has recently delivered a £4.5 million asset based lending line to London-based wholesaler and marketer of consumer products, Thane Direct UK.
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Strong start for construction on the year as housebuilding flourishes
Thursday, 16 February 2017
The construction industry has started 2017 strongly, with an increase in activity levels as the value of new building contracts awarded in January reached £6 billion, spearheaded by strong figures from the housebuilding sector.  
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