UK SMEs are sitting on £770 billion in untapped assets that could be used to fund growth £291 billion owed to SMEs by customers Average SME in London has £244,000 of assets and is owed £71,000 in unpaid invoices While this could be used to fund future growth, SMEs are …
Positive signs from survey, but small businesses’ continuing reluctance to borrow may point to a recovery that doesn’t reach its potential says business group Despite the positive news showing improving business confidence in the economy and continuing export growth, the latest information from the SME Finance Monitor released today (Thursday, …
Excellent customer service and a flexible approach were at the heart of Tim McGinn’s decision to choose Bibby Financial Services when he was looking for a new invoice finance provider to support Westbrook International. Westbrook has been implementing Salesforce.com software systems for businesses since 2005 in many geographic regions and …
UK small businesses are turning away from traditional bank financing options – just 16.2% of firms applied for traditional bank financing options during the past three months, according to the latest research by the Federation of Small Businesses. Commenting on the figures, Simon Carter, Director Touch Financial leading commercial financial …