For factors, the crisis has proved to be a bit of a curate’s egg. For some, the reduction in availability of credit insurance cover has meant that non-recourse arrangements, particularly cross-border deals, have been badly affected.  But for others, the spread between the cost of borrowing and discount rates charged to clients has widened considerably - meaning that as long as risk can be kept under control, significantly improved profits can be enjoyed. So, depending on the availability of funding and the predominance of international deals, business for factors has been typically mixed at the two extremes – either very good or very difficult. Continue Reading

In this article, Paul Below, provider of Board level interim and turnaround support, outlines some of the pitfalls of debtor finance. Continue Reading

In order to answer the question it is essential to define the terms used.  In short, both business and risk need to be defined to avoid misunderstandings from inception. Continue Reading

Paperback Collection and Recycling Limited (Paperback), one of the UK’s leading paper recycling businesses, is looking to expand its operations as a market leader in the production of sustainable and high quality paper stock, after negotiating a £300,000 funding line from Absolute Invoice Finance (Absolute). Continue Reading

The job market hasn’t been so competitive for decades and never more so than in the Financial Services sector at the moment. So it is essential that you do everything you can to optimise your chances of standing out in the crowd and making a good impression at your interview. Continue Reading

Harriman House, publishers of finance books, asked turnaround specialist and business author Anthony Holmes to share his conviction that management teams must question their post-recession leadership skills. Continue Reading

John Alexander and Carl Bowles from the Corporate Recovery and Insolvency department of Carter Backer Winter LLP (CBW) give their views on the use of the Pre-Pack. Carl Bowles has recently joined CBW as their fourth appointment-taking Insolvency Practitioner. Continue Reading

A new video conferencing provider with experience of Sales Aid leasing in Scandinavia has set its sights on growth in the UK, using leasing to pursue a greater share of the SME market. Continue Reading

Steve Iles, Head of Commercial Lending at National Counties Building Society asks, “Is there still life in the sector?” Continue Reading

Company Voluntary Arrangements (CVAs) came to the fore last year in a number of high profile cases. Andrew Duncan, partner at Bridge Business Recovery LLP, explains how deals are being agreed in the retail sector to restructure troubled businesses. Continue Reading