Business debt culture: 2019 time for a fresh start

16th January 2019 Industry opinion |

Despite consumer confidence rising from the lows reported during the 2007-8 financial crisis, the number of corporate insolvency cases is steadily rising with no signs of slowing down. The post-Christmas and New Year period is particularly difficult for businesses that often attribute a downturn in business as a seasonal trend.  It is often observed that…

Read more

Collection Management AI

16th January 2019 Industry opinion |

There’s no denying Automated Intelligence within the context of Credit Management is an emotive subject, which provokes highly charged reactions depending on where within the Credit Management hierarchy you operate. Coming ready or not; AI is headed to a workspace near you. For CFOs and Senior Credit Management professionals, understanding how to assess, introduce and…

Read more

Third of adults have never discussed finances with their parents

16th January 2019 Consumer Collections |

New research from innovative equity release lender more 2 life has revealed that nearly a third (28%) of adult children (aged 30-55) have never discussed their parents’ financial circumstances as a family. These people describe their family as being ‘very private’ about their personal finances, suggesting that money matters are rarely or never discussed as a family.…

Read more

Shawbrook appoints Commercial Mortgage MD

16th January 2019 Commercial Credit Management |

Shawbrook Bank has announced it has appointed John Eastgate as its Managing Director (MD) for its commercial mortgage business. Eastgate will join the specialist lender in the summer. He is currently Sales and Marketing Director at One Savings Bank and has been at the lender for more than six years. He will bring nearly 30…

Read more

Bibby Financial Services appoint South West BDM

16th January 2019 Commercial Credit Management |

Bibby Financial Services (BFS) has appointed Sue Pengelly as Business Development Manager (BDM), South West of England, as it looks to expand its support for small and medium-sized businesses in the region. In her new role, Sue will primarily focus on securing new business opportunities for BFS, with a focus on Devon, Cornwall and Somerset,…

Read more