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Commercial Credit News
Quantuma appoints Hendrick as Director of Credit Services
Thursday, 12 October 2017
Quantuma, the corporate recovery and business advisory firm, has appointed Mark Hendrick as director of credit services. 
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LBG changes commercial banking management team
Thursday, 12 October 2017
Lloyds Banking Group has announced some changes within the senior management team of its Commercial Banking division. 
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Grayling to look into airline insolvency rules – R3 comment
Thursday, 12 October 2017
Following the news that transport secretary Chris Grayling is to look to reform the rules governing insolvent airlines, Adrian Hyde, president of insolvency and restructuring trade body R3, commented: “The transport secretary’s interest in airline insolvency rules is welcome. The air industry is one of a number of parts of the economy where sector-specific rules on insolvency can make orderly wind-downs or business rescue tricky. Key licences can often be withheld from insolvent companies, for example. More structured wind downs could help improve outcomes for employees, creditors, and customers.
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UK insolvency framework is OECD’s best for zombie-busting
Thursday, 12 October 2017
An OECD* report has concluded the UK’s insolvency and restructuring framework is the most effective in the organisation at preventing a build-up of productivity-sapping zombie companies, says UK insolvency and restructuring trade body R3. 
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LendIt names SONECT winner of the PitchIt start-up competition at LendIt Europe 2017
Thursday, 12 October 2017
Fintech start-up SONECT has beaten over 100 European fintech innovators to be named PitchIt winner at this year’s LendIt Europe event.  
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Reward Finance Group Recruits New Commercial Director as Record Growth Continues
Thursday, 12 October 2017
Leeds and Manchester-based alternative finance provider, Reward Finance Group, has appointed Gemma Wright as commercial director with responsibility to prepare the business for its next stage of development. 
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Reward Finance Group Recruits New Commercial Director as Record Growth Continues
Tuesday, 10 October 2017
Leeds and Manchester-based alternative finance provider, Reward Finance Group, has appointed Gemma Wright as commercial director with responsibility to prepare the business for its next stage of development. 
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Atradius fills the gap for SME segment
Tuesday, 10 October 2017
Trade credit insurer Atradius has enhanced its support to SMEs with a new streamlined cover option. 
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8th Annual Benchmarking of UK Export Finance Export is not the new black
Tuesday, 10 October 2017
BExA launches today its 8th Annual benchmarking of UK Export Finance entitled “Export is not the new black”.  
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Keep calm and carry on: resilient UK small businesses see opportunity through Brexit gloom
Tuesday, 10 October 2017
Almost one in two (46%) small business owners predict clear opportunities for their business as a result of Brexit according to new research by Hitachi Capital Business Finance. Whilst the uncertainty surrounding the UK’s withdrawal from the EU has been seen by some as a basis for gloom, many small business owners regard the period of change as presenting tangible opportunities. 
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Continued growth in asset finance
Friday, 06 October 2017
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 3% in August, compared with the same month last year.  
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