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• 21 Sep

  

  

  Nucleus Commercial Finance Lowers Unsecured Loan Rates

  Business loan rates from just 7%.We have just been advised that Nucleus Commercial Finance have lowered their unsecured business loan rates. Their interest rates now start from a 7% flat rate, to borrow up to £100K with no additional security, just a personal guarantee.The loan rate is determined according to the credit status of your company, and the term of the loan that you require. The...

  By Glenn Blackman
• 14 Sep

  

  

  Selective Invoice Finance For New Starts - No Minimums

  Selective invoice finance for new starts can be the most flexible option when you first launch you new start businesses. When you launch your new start you are always going to be uncertain that it will take off and that you will achieve the level of turnover that you hope for, but you may still want the benefit of funding against your invoices before they are paid, to improve your cash flow....

  By Glenn Blackman
• 13 Sep

  

  

  Top Review For FundInvoice Invoice Finance Brokerage From IT Procurement Specialists

  Another great review from another client who appreciated the impartial nature of the invoice finance brokerage service that we offer.The FundInvoice invoice finance brokerage service was recently used by an firm of IT procurement specialists who gave us the top, 5 star rating and had this to say about our service:"Many thanks to Sean for all his help in setting up our invoice finance agreement....

  By Glenn Blackman
• 08 Sep

  

  

  MarketInvoice Select Fixed Term Contract

  MarketInvoice, the peer-to-peer finance platform has launched another development to its growing portfolio of invoice discounting products.MarketInvoice SELECT offers customers the ability to pick and choose invoices to receive funding against, but there is a new fixed term deal, whereby customers have the option to have a fixed monthly fee, rather than a percentage charge of the invoices funded....

  By Glenn Blackman
• 07 Sep

  

  

  Very Low Level Of Complaints About Invoice Finance

  This is an update on the very low level of complaints registered with the ABFA. These statistics include products such as invoice finance, factoring and invoice discounting.The ABFA (Asset Based Finance Association) recently became part of UK Finance. There is a process of integration to be undertaken, but in the meantime the ABFA complaints process (the ABFA Standards Framework) remains...

  By Glenn Blackman
• 06 Sep

  

  

  Can Anyone Explain The Benefits Of Cryptocurrency Invoice Finance?

  Can anyone explain the benefits, to an average SME, of using blockchain cryptocurrency invoice finance?The important distinction here is the benefits to the SME using the facility, rather than the investors backing the service and the benefits of cryptocurrency over and above the normal benefits of using invoice finance - with which we are acutely familiar as invoice finance brokers.I have...

  By Glenn Blackman
• 01 Sep

  

  

  Solving A Pay When Paid Concentration Limit Problem On Hays Recruitment

  Another success story regarding a client that we were able to help overcome an invoice finance funding restriction.We have seen many issues with debtor concentrations, within the recruitment sector, that can be relaxed by comparing the funding levels between different providers. We had a case where a client needed help with the concentration limit on Hays Recruitment, with whom they wanted to...

  By Glenn Blackman
• 21 Aug

  

  

  Is It A Good Time To Enter The Recruitment Business?

  Is it a good time to enter the recruitment business? We can't make the decision for you but here are a few facts and figures that might help you in making your decision about starting a temporary staff agency.OK, so the level of economic growth predicted for the UK has just been slightly adjusted down, however the economy is still predicted to grow - which means more production, hence more...

  By Glenn Blackman
• 18 Aug

  

  

  Late Payments Expected In The Construction Sector

  Construction companies are bracing themselves for a wave of late payments, as a result of the uncertainty around Brexit and the UK economy.Our recent late payment study found that the construction sector was one of the industry segments expecting to be worst hit as a result of Brexit (Britain leaving the European Union in March 2019). The extended timescale with the proposed exit is an issue in...

  By Glenn Blackman
• 17 Aug

  

  Tungsten Network Finance - Should The Invoice Finance Sector Watch Out?

  I was intrigued to read Motley Fool's post (15/08/17) about Tungsten Corporation PLC (and their recently launched invoice financing service), which said it was firmly on their list of stocks to avoid. I had heard about the Tungsten Network Early Payment product in the recent past as they had added this invoice financing option onto their supplier payment system. This, on the face of it, sounds...

  By Glenn Blackman
• 16 Aug

  

  

  Asset Cash Release - Up to 120% Funding

  Top up finance with an advance rate of up to 120% of your sale ledger?We have just had notification from one of our of our panel of invoice finance companies that they can now offer total ABL funding of up to 120% of the value of your sales ledger.They have just launched Asset Cash Release, and ABL (asset based lending) solution which can top up the amount of finance that customers can access....

  By Glenn Blackman
• 14 Aug

  

  

  Populous Invoice Finance Using Blockchain Cryptocurrency

  A new invoice finance company called Populous has just raised money to pilot its invoice finance platform that uses Blockchain cryptocurrency in support of an invoice financing model, according to an article in Pymnts.com.I read the 21 page white paper on the Populous site, with some interest, to understand what the benefits might be.In essence there seem to be 3 key points to draw from this...

  By Glenn Blackman