Monthly Archives: February 2012

Overdraft v. Invoice Finance

Posted on February 29, 2012 by Bruce Williams

A question we are continually asked. It will not surprise you as to what we think the answer is but here are some reasons why. Bank overdraft is repayable on demand along with accrued interest, fees and any charges. There … Continue reading →

Posted in Financial News | 1 Comment

“… I’m having an old friend for dinner, bye.”

Posted on February 24, 2012 by Bruce Williams

With Oscars night just around the corner the Daily Telegraph  dusts off one of Hannibal Lecter’s best lines in the film, Silence of the Lambs. It makes one think of the number of businesses, and I am not just thinking … Continue reading →

Posted in Financial News | Leave a comment

Last chance saloon, not!

Posted on February 24, 2012 by Bruce Williams

There is a prevalence, and I have written about this before, of some accountants and others thinking and often voicing quite loudly their belief that the use of invoice finance is an indication that a company is in trouble. This as … Continue reading →

Posted in Accounts Receivable Factoring, Cash Flow, Construction Factoring, Factoring, Financial News, Invoice Discounting, Invoice Factoring, Small Business Factoring | 1 Comment

Are SME’s getting the message about late payers

Posted on February 17, 2012 by Bruce Williams

A debt recovery firm is saying that SME’s are radically changing their attitude to debt and are taking action to deal with late payment. Lovetts are seeing firms threatening to take legal action against their slow paying customers 81.5 days … Continue reading →

Posted in Financial News | Leave a comment

Juxtaposition – or not.

Posted on February 15, 2012 by Bruce Williams

To me the word juxtaposition has a meaning that is slightly more than the act of putting together two things to compare or contrast. It is about the seeming incongruity of the words or events that are being compared or … Continue reading →

Posted in Accounts Receivable Factoring, Construction Factoring, Factoring, Financial News, Invoice Discounting, Invoice Factoring, Small Business Factoring | 1 Comment

The new normal – what is it?

Posted on February 10, 2012 by Bruce Williams

I have been reading a number of articles recently talking about “the new normal” as it applies to the financial world and the effects it will have. What is it? Well for most it seems to be about less leverage … Continue reading →

Posted in Accounts Receivable Factoring, Cash Flow, Factoring, Financial News, Invoice Discounting, Invoice Factoring, Small Business Factoring | 2 Comments

Cashflow support for SME’s

Posted on February 3, 2012 by Bruce Williams

HSBC this week announced that they had met their Merlin commitments for 2011 and were making further commitments for the coming year. Positive and to be applauded but  what I think we all know is that there is a degree of selectivity/spin or whatever … Continue reading →

Posted in Accounts Receivable Factoring, Cash Flow, Factoring, Financial News, Invoice Discounting, Invoice Factoring, Small Business Factoring | 2 Comments