Business Finance News

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Ashley launch 100% Invoice Finance Funding!

18 Jan 2012 To help ease the pressure on small businesses in England and Wales a UK-based company, Ashley Commercial Finance, have launched a new 100% invoice finance funding facility.

Unsecured loans from 3.6% flat?

10 Dec 2010 Funding Circle is an online marketplace that enables small businesses to borrow £5,000 to £50,000 directly from people, sidestepping the banks (moving up to £100,000 in 12 months).

Overdraft Funding Levels versus Invoice Finance, Invoice Discounting & Factoring

28 Oct 2010 There has been much talk in the press recently about the need to increase lending to UK businesses, a small survey was recently undertaken to determine what was happening to overdraft lending to a random sample of 100 SMEs (Small and Medium Sized Enterprises).

Manchester Finance Companies to join forces

13 Oct 2010 Ashley Commercial Finance Limited is to be acquired by Ultimate Finance Group plc. Ultimate, the AIM-quoted factoring, invoice discounting, trade finance and asset finance company, has today (12 October 2010) announced that it has conditionally agreed to acquire Ashley.

10% of businesses with annual turnover of £1 million or more look to borrow £1.97 billion from banks

13 Oct 2010 Research from Investec Bank reveals that between the middle of June and September this year, 10% of businesses with an annual turnover of at least £1 million planned to borrow on average £98,560 each from banks or collectively £1.97 billion. This is roughly about the same as for the previous three month period.

HMRC2

HMRC – getting tough on time-to-pay and compliance

26 Nov 2009 Not only has HMRC’s stance on time-to-pay hardened considerably since the summer, it appears that a parallel strategy of prevention has been adopted to make the escalation of VAT and PAYE/NI substantially more difficult in the future.

Business Banking – What Do You Think

8 Jan 2007 February 2000 The HBA have been canvassing their members about the state of business banking

Is Your Business Getting a Fair Banking Deal?

8 Jan 2007 It has been well documented that many small businesses feel ripped off by the major banks when it comes to charges and interest rates. Yet the majority of business owners are still happy to pay these charges without even looking at the benefits of switching.

Small Business Internet Guide From HSBC

3 Jan 2007 The banks, like the rest of us, are learning daily about what the net means to business, in particular small business.