Credit, Collections & Insolvency News
New research from Barclaycard’s Payment Barometer has revealed that SMEs are displayed cautious optimism with 8.1 per cent expecting to see business growth in 2021. Ahead of the Government’s roadmap next week, small and medium enterprises (SMEs) are getting ready for post-pandemic life, with three in 10 (32 per cent) saying they are prepared for…
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The volume of Government loans granted to help SMEs through the COVID-19 crisis will be having a potentially devastating impact on the availability of ‘traditional’ lending, causing alarm in the lender broker community according to new research by Allica Bank. The Bank suggests that SMEs could be starved of funding to fuel future growth because…
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Fraud prevention service, Cifas is urging retailers to better protect their customer’s information as designers and fashion chains look to attract new customers during London Fashion Week. The move comes as the latest data from the National Fraud Database reveals that facility takeover fraud in the retail sector rose by an enormous 195% in 2020.…
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