Asset & Invoice Finance

SMEs see Germany as most important trading partner

Tue 24 Jan 2017

UK SMEs overwhelmingly see Germany as the most important country to the economy, according to the latest SME Confidence Tracker from business funder, Bibby Financial Services. As the government sets its sights on new trading relationships outside of the European single market, SMEs have voiced concerns about looking beyond traditional trading partners such as Germany […]

Bibby makes double appointment

Tue 24 Jan 2017

Business funder, Bibby Financial Services, has appointed Chris Sygrove and Jonathan Myerscough as corporate managers for the Midlands to further grow its Corporate Asset Based Lending capabilities across the region. Myerscough joins from Aldermore Bank, where he was regional sales director and Sygrove moves from his previous role as business development manager at BFS. Both […]

Brightstar launches specialist finance campaign

Thu 19 Jan 2017

Brightstar Financial has launched a campaign aimed at helping those it dubbed ‘credit crushed’ borrowers who aren’t able to secure specialist finance called ‘Could You? Would You? Should You?’ The lender said a ‘significant’ number of brokers are closing the door on customers with unusual requirements – meaning they are left unaware of the options […]

61% of invoices from UK SMEs go unpaid within debtor period

Thu 5 Jan 2017

Over half (61%) of invoices issued by UK small and medium sized enterprises remain unpaid within the debtor day period, according to research from Amicus Commercial Finance. Of these, almost three-quarters (70%) of firms say they rely on getting paid during their debtor day period to avoid facing a shortage of working capital. The research shows […]

Bibby moves to new HQ

Mon 12 Dec 2016

Bibby Financial Services has moved its global headquarters to accommodate the business’s strategic growth plan over the coming years. BFS supports more than 10,000 businesses worldwide and has relocated its central support teams to Pembroke House, Banbury Business Park – an office previously occupied by Vodafone. Global chief executive of Bibby Financial Services David Postings […]

Norton Folgate rebrands as Amicus Asset Finance

Mon 12 Dec 2016

Asset finance and leasing specialist Norton Folgate has rebranded to Amicus Asset Finance and appointed industry veteran Jeremy Guilfoyle from Paragon Bank Business Finance. Guilfoyle joins as chief operating officer with a remit to drive structural transformation and innovation, including technical support, credit, payouts, collections, asset management and legal. Guilfoyle said: “Joining Amicus Asset Finance […]

Hampshire Trust strengthens asset finance team

Tue 29 Nov 2016

Hampshire Trust Bank has appointed of two underwriters to its asset finance team. Alan Lowman and Nina Osborn have joined the specialist bank as senior underwriter and underwriter respectively. Both will be focused on further improving broker service. Chris Welch, managing director of Asset Finance at Hampshire Trust Bank, said: “The success of the Asset […]

Manufacturing orders up, but prices on the rise

Tue 22 Nov 2016

British factories have seen their order books improve to the best level since the EU referendum according to the latest CBI Industrial Trends Survey but price rises are looming. The survey of 430 manufacturers found that total order books returned to levels seen throughout the summer, and well above the long-run average. Meanwhile, export orders dipped […]

Bibby: Subcontractors failing to benefit from infrastructure growth

Mon 21 Nov 2016

Over three quarters (78%) of UK subcontractors do not benefit from national projects, according to new research from specialist funder, Bibby Financial Services. Findings of the Subcontracting Growth report dismiss the view that fiscal stimulus through large scale infrastructure projects has a direct multiplier effect on smaller construction firms throughout the country. Helen Wheeler, managing […]

New asset finance qualification launched

Thu 17 Nov 2016

A new qualification has been launched for the asset finance industry by The London Institute of Banking & Finance. Launched in association with the Finance and Leasing Association the Diploma in Asset Finance has been designed for those looking to better understand the asset finance sector. Martin Day, vice principal, corporate & professional qualifications, at The London Institute of […]