Business & Invoice Finance, Invoice Discounting & Factoring Blog
I am Glenn Blackman, welcome to my business & invoice finance, factoring and invoice discounting blog.
I have worked within the business funding and invoice finance industry since 1988, and I am a partner at FundInvoice LLP where we offer the UK’s first market research led free, business & invoice finance support and search service.
Glenn Blackman's Business & Invoice Finance Blog
I use the blog to share details of new product offers that I come across, our market research relating to business financing and growth, and to share any other interesting bits of news (or gossip!) that I hear that are relating to our industry or how to grow your business.
- 03 Apr
Government CBILS Approval Rate Just 0.8%
According to a report in the Guardian (02/04/20) in the week since the UK Government launched the CBILS (Coronavirus Business Interruption Loan Scheme) there have been 130,000 enquiries from businesses seeking the funding. The article reports that only 983 companies had been approved for loans, so far - that is a loan approval rate of just under 0.8%. The article goes on to call the scheme...
- 01 Apr
Temporary Staff Hire Replacing Permanent Recruitment?
Often our prospects will remain connected with us for a long period of time, before they go ahead and take out a facility. We take the opportunity to regularly "touch base" with a wide range of businesses, in order to help where we can, and to stay abreast of market developments.Each month we deliver our FundingVoice magazine to all of our subscribers, which includes a lot of prospective...
- 30 Mar
FundingVoice March 2020 - How To Get Emergency Funding
The March 2020 edition of FundingVoice magazine was sent out to our subscribers, and we saw a c. 31% increase in the amount of people reading our articles when we sent our publication out.This month much of our content is about getting business funding support in the wake of the novel coronavirus pandemic, and the lockdown in the UK.You can read our March edition here: FundingVoice March 2020 -...
- 27 Mar
Avoid The Queues - Personal Service Business Funding
The launch of the Government's Coronavirus Business Interruption Loan Scheme (CBILS) on Monday will have been a welcome lifeline for many UK businesses.However, we have heard some reports of:Despite these issues we hope that it will help many UK businesses get through this crisis.There are alternative forms of funding, such as invoice finance facilities, available from a broad range of...
- 25 Mar
Invoice Finance Ranks As Highest Alternative To A Loan
New research conducted by MarketFinance (reported by Business Money 23/03/20) canvassed the views of business owners about the range of measures being offered by the UK Government, to support them financially through the novel coronavirus pandemic.Some 67% said they believed that funds would not reach them in time, and that they will run out of cash before Easter.Whilst this is concerning, there...