Posted by Glenn on September 16th, 2008 in 2 - Factoring, News
Whilst the ongoing credit crunch saga and the recent events with Lehman’s bank are affecting the availability of finance generally, the factoring and invoice discounting markets are still relatively unscathed.
Some of the factors and discounters have tightened up their funding criteria but there are still players within the market that are leading by being bold [...]
Posted by Glenn on September 15th, 2008 in 2 - Factoring, News
Lehman’s, america’s 4th biggest investment bank has apparently filed for bankruptcy triggering a wave of speculation about what the future effect will be on the rest of the world?
It would seem most likely that Lehmans assets will be sold off cheaply, driving down the price of similar assets which will only be bad news for [...]
Posted by Glenn on September 10th, 2008 in Science
At 8:30am (BST) the Large Hadron Colider (LHC), the most powerful particle accelerator ever built was “switched-on”. The LHC is 300 feet under the Franco-Swiss border, near Geneva, and is a 17 mile circular installation that will accelerate streams of protons to 99.9% the speed of light. The plan is then to collide these particles [...]
Posted by Glenn on September 5th, 2008 in 2 - Factoring
When you work within the finance industry you often see the first signs of economic problems. This was true with the recent “credit crunch” related economic issues. Some of the factoring companies that we deal with started mentioning increases in the number of debtors that have failed, 6 to 9 months ago and as is often the [...]
Posted by Glenn on September 4th, 2008 in 2 - Factoring
We have just finished sending out our latest factoring newsletter which includes an article about how factoring charges and payments have changed over the years and our predictions for the future. There will be futher articles in future editions of the newsletter along the same lines, changes to the factoring industry, so watch this space.
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