- 05 Oct
US Bailout goes ahead but what about the UK?
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 markets will have a growing role in the UK bridging the credit gap for businesses that would have previously been able to access more traditional methods of business finance such as overdraft or bank loans.