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Commercial Credit News
Agriculture Sector : Hitachi Capital Appoints New Business Development Managers
Tuesday, 04 July 2017
Hitachi Capital Business Finance has appointed two new members of staff to its Vendor Finance team, Ian Smith and Russ Nicholls, who started on 5 June 2017.  
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Independent Growth Finance boosts new Ayrshire business with £1m facility
Tuesday, 04 July 2017
IGF, the leading commercial finance provider for SMEs, has delivered a £1m asset based lending facility to newly formed Ayrshire business, Confida FM.
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Kuflink launches Property-Backed Innovative Finance ISA 
Tuesday, 04 July 2017
UK-based P2P lender Kuflink has today launched its Property-Backed Innovative Finance ISA, joining a handful of platforms offering the opportunity for savers to invest in property while taking advantage of the tax-free benefits on offer from ISAs.
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Ambitious Cardiff software house OpenGenius recruits new CFO
Tuesday, 04 July 2017
OpenGenius, the creators of iMindMap and DropTask, has announced the appointment of a new Chief Financial Officer (CFO), Niall Daly. Niall is a Chartered Accountant with over 30 years’ experience in IT and software businesses.  
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Midlands packaging supplier secures £8m finance deal with Bibby Financial Services
Monday, 03 July 2017
Diamond Box, a corrugated packaging supplier and one of the largest sheet plants in the UK, has secured an £8m asset finance package from Bibby Financial Services (BFS). 
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“Don’t Panic Mr BREXIT”…plan
Thursday, 29 June 2017
Well, three months have passed since the triggering of Article 50 which started the clock ticking on the formal negotiations for the UK’s Divorce from the European Union (EU).   
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Small firms still waiting on HBOS compensation
Thursday, 29 June 2017
Responding to reports that Lloyds is set to miss its June deadline for compensating small businesses affected by fraudulent activity at HBOS’s Reading division, Mike Cherry, FSB National Chairman, said:   “The fact that small business owners whose livelihoods were taken away by HBOS a decade ago are still waiting for compensation is simply unacceptable. Some of our members lost their businesses and have faced an uphill struggle to make their voices heard.
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Hitachi Capital Business Finance simplifies hire purchase
Wednesday, 28 June 2017
Hitachi Capital Business Finance announces today a radically different way of businesses being able to buy assets - in a bid to help more small businesses feel far more comfortable with investing and using finance.
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Richburns Ltd sold by Leonard Curtis Business Solutions Group to Essendon Capital
Wednesday, 28 June 2017
Andrew Duncan and Neil Bennett, Directors at Leonard Curtis Business Solutions Group, were appointed Joint Administrators to Richburns Ltd on 23 June 2017. The business was sold immediately in a prepack deal following an accelerated M&A process to Essendon Capital, which recognised ongoing potential in the business and decided to back the incumbent management team in the process.
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Brexit: UK needs EU transition deal to prevent increase in business failures
Tuesday, 27 June 2017
A transition deal on goods and services between the UK and the EU is needed to prevent a possible sharp rise in the number of UK business insolvencies in 2019, according to Euler Hermes, the world’s leading trade credit insurer.
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A Weakened Government Provides The Opportunity For Business Leaders to Shape the Brexit
Friday, 23 June 2017
Predictably, Brexit Minister David Davis bowed to the EU’s first demand. The divorce bill first, only then can discussions on the ‘deal’ can begin. Businesses are going to have to get used to the unknown and with the government stumbling along following a disastrous election result, their weakness presents an opportunity for business leaders to be heard.
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