Posted on 22 April 2009 by admin
HSBC has moved to encourage SMEs to consider invoice finance when combating late payment and cash flow issues.
According to research by BACS Payment in March 2009, payments owed to SMEs have risen by almost 40 per cent in the last year to £26 billion and many businesses are caught in an unsustainable cycle of companies billing quicker and taking longer to pay.
Commercial Finance Today is compiled and distributed by Commercial Finance People, a leading recruitment consultancy specialising in the Invoice Finance/ABL, Banking and Leasing/Asset Finance sectors UK-wide. CFP has a reputation for integrity and taking a considered approach to the needs of both clients and candidates who are seeking an accurate role match. To find out more visit our website
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