Credit, Collections & Insolvency News
Sancus Finance’s Managing Director, Caroline Langron has been appointed Managing Director of FundingKnight Langron will continue in her role as managing director of Sancus Finance, which she has led since 2014. The appointment comes on the back of a business restructure which saw both Sancus Finance and FundingKnight’s owner, GLI Finance bring together a select…
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Bibby Financial Services (BFS) has appointed Sharon Wiltshire as UK commercial director. First joining BFS in 2001, Wiltshire brings 30 years’ experience in commercial finance, having started her career at RBS Invoice Finance in 1987. She has held a variety of operational and commercial roles with BFS, including operations director and managing director for the…
Read moreAldermore has announced the launch of Contract Finance, a new business finance funding solution allowing small and medium-sized enterprises (SMEs) to release working capital by advancing funds against their contractual billing. Contract Finance offers a flexible solution to businesses with an annual turnover above £250,000 which supply goods or services under contracts, typically over a set…
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Bank of Ireland Group has announced the appointment of Francesca McDonagh as Group Chief Executive Officer (CEO). She will succeed Richie Boucher who steps down later this year. Ms McDonagh will also take up the position of Executive Director on the Board of the Group on 2 October 2017. McDonagh joins Bank of Ireland from…
Read moreDespite 41.8 million adults using the Internet daily, new findings released by Christians Against Poverty (CAP) show that one in five (22%) clients remain offline. This is twice the national average and puts them at a disadvantage in their day-to-day interactions with financial and essential services. The figures and real life stories contained in the…
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Gener8 Finance has announced that it has agreed on terms to sell its invoice finance business to 1pm Plc, a stock market listed provider of asset based lending facilities to the UK SME sector. Asset Finance specialist, 1pm provides asset finance, business loans and related financial products for both hard and soft assets and has…
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Non-Standard Finance has announced that Loans at Home, the group’s home-collected credit business, had received its full FCA authorisation. Loans at Home was established in 1938 and occupied the number three position in UK home credit, according to Non-Standard Finance. A Non-Standard Finance statement said “Since acquisition, Loans at Home’s management team has completely revitalised all…
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Richard Jones has been named as the new chairman of the Finance & Leasing Association (FLA). Jones, Managing Director at Black Horse, was already a board director at the FLA before taking on the chairman role. Jones the Managing Director at Black Horse, He has replaced outgoing chairman Nigel Clibbens, whose term has ended. Stephen Sklaroff,…
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