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Commercial Credit News
Forum of Private Business welcomes the Government announcement on Late Payment
Thursday, 02 February 2017
The Forum of Private Business welcomes the announcement from BEIS that Late Payment of small business invoices is to be a focus of the Minister for Business. 
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Association of Alternative Business Finance Launches Today
Thursday, 02 February 2017
The Association of Alternative Business Finance ( AABF ) launched today (1 February) with the major ambition of championing and promoting the best standards of industry practice. 
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Australian lender acquires Sterling Trade Finance to boost funding options for UK SMEs
Thursday, 02 February 2017
Australasia’s largest provider of SME working capital solutions, Scottish Pacific Business Finance, has acquired UK-based trade and debtor finance specialists Sterling Trade Finance Ltd (STF). 
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BFS provides growth fund to local sample book manufacturer
Tuesday, 31 January 2017
Bibby Financial Services has agreed a new funding package with Sampling International, a sample book manufacturer from West Yorkshire. The £1.1million injection of funding has enabled the business to undertake a management buy-in and will also provide ongoing working capital support. 
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R&D specialist Jumpstart calls for further clarity on Prime Minister’s Industrial Strategy
Tuesday, 31 January 2017
Jumpstart, the UK’s leading Research and Development (R&D) tax relief firm, has welcomed the Prime Minister’s focus on investing in the UK’s R&D capabilities in the Government’s Industrial Strategy.
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New consumer lender obtains regulatory approval from FCA
Monday, 30 January 2017
Nava Finance Limited today announced that the Financial Conduct Authority has confirmed that as of 27 January, 2017 Nava Finance Limited is authorised and regulated by the FCA, enabling Nava to begin offering personal loans to UK consumers.
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New Board chairman appointed
Thursday, 26 January 2017
Credit, debt and insolvency specialist Stephen Allinson has been appointed chairman of the Insolvency Service Board.
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Businesses reap benefits of accurate finances with invoice scanning automation
Thursday, 26 January 2017
The finances of any business is the glue that holds it together, ensuring that staff and bills can be paid while also leaving a profit for the company in question to maintain its continued success year upon year. For this reason, it is important for accounts departments to have accurate data when organising these files. Invoice scanning automation provided by London based document scanning company Pearl Scan gives businesses the confidence they need, helping them to avoid costly mistakes.  
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Aldermore serves up new funding for Shoryu Ramen restaurant chain
Thursday, 26 January 2017
Japan Centre, a UK-based distributor of Japanese goods, and its restaurant business Shoryu Ramen have agreed an asset finance facility exceeding £450,000 from Aldermore, the specialist lender and savings bank. 
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Young entrepreneurs’ growth ambitions undeterred by Brexit hostility
Thursday, 26 January 2017
Young entrepreneurs are more than twice as ambitious about their company’s growth prospects but far more negative towards Brexit than older generations of business owners, according to a new report launched by Albion Ventures, one of the largest independent venture capital investors in the UK.
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UKBAA statement on industrial strategy proposals
Thursday, 26 January 2017
Creating a new dynamic environment to support the growth of investment and business across the UK is key to success in the post-Brexit era, so UKBAA welcomes the government’s new proposals for a modern and multifaceted industrial strategy. 
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