16th March 2020 - Credit Connect

Football League clubs could face insolvency crisis

16th March 2020 Commercial Credit Management |

The ban on football fixtures, due to Covid-19, could cause an insolvency crisis which will hit Football League clubs hard, warn experts at Begbies Traynor. Paul Stanley, regional managing partner for Begbies Traynor in Manchester, said “Cashflow through the turnstiles is what keeps football clubs afloat. It’s the pies, pints and programmes sold at the…

Lowell results show income growth

16th March 2020 Consumer Collections |

European leader credit management specialist, Lowell has announced its annual results. The results show strong growth in three key metrics: Cash Income, Cash EBITDA and £120m ERC with collections continue to perform ahead of forecast. Colin Storrar, Group CEO, said “2019 was a year of delivery for Lowell. We have continued our growth by doing…

Onguard acquired by Visma

16th March 2020 Commercial Credit Management |

Order-to-cash solution specialist Onguard has been acquired by Visma Group. Onguard joins the family of well-known Dutch brands in the Visma Group, including Visma Connect, Visma Raet, ProActive, Visma Idella, PinkWeb, HR2day, Dotweb, VerzuimSignaal, PlusPort, Circle Software, and Visma Roxit. Based in Amsterdam, Netherlands, Onguard is a European market leader in cloud-based order-to-cash solutions, providing…

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Football League clubs could face insolvency crisis

Lowell results show income growth

Onguard acquired by Visma

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