Changes By Banks To Overdrafts and Loans
Banks tighten up further on lending to small businesses.
Banks tighten up further on lending to small businesses.
i have just put a new factoring article up on the Cashflow Acceleration site, our “Top 10 Tips for Comparing Factoring Quotations“.
Iceland raises base rate to 18%.
Cashflow Acceleration about to launch in Australia.
Cashflow acceleration expanding overseas.
The National Association of Commercial Finance Brokers (NACFB), of which Cashflow Acceleration Ltd is a member, has just reported its members survey results to June 2008 which show huge growth amongst its members in the volumes of factoring and invoice discounting business being arranged which countered falls in the levels of leasing and short term finance [...]
The $700 million bailout of the US banking sector has now gone through the US senate and there has been a lot of speculation about what will happen next. Noone knows for certain what the effects of this will be but the UK still seems set for difficult times.
It seems like the factoring and invoice discounting [...]
At the moment the US are renegotiating the proposed $700 billion bailout of the US banking sector which has been broadly heralded as essential to return to stability. Bank lending to US borrowers that couldn’t afford it (the “credit crunch”) is widely attributed as the cause of the current situation.
My concern for the UK market is [...]