Credit, Collections & Insolvency News
Asset-based lending specialist, Cynergy Business Finance (CBF) has announced that it has appointed Lorraine Udale as Head of Operations. Udale will bring nearly 30 years’ experience within the asset-based lending, invoice discounting and factoring sectors to the team. She joins the Manchester-headquartered business from Praetura Invoice Finance, where she had previously worked as operations director…
Read more
630,000 small and micro businesses could go bust this year, as the cost-of-living crisis puts unprecedented pressure on entrepreneurs trying to stay afloat according to new research by website builder GoDaddy Data analysis of 2.3 million British micro businesses revealed that more than one in nine (12%) fear closure before the end of 2023, which…
Read more
Many of the self-employed who save into a private pension rarely change the cash contributions they make according to research by Institute of Fiscal Studies (IFS) research, funded by the Nuffield Foundation. Employees’ pension contributions tend to be set as a fraction of their earnings – and so cash contributions rise with earnings. But many of…
Read more
Hampshire Trust Bank (HTB) has announced the appointment of Gavin Davies as Senior Portfolio Manager within its development finance division. Davies brings over 12 years’ experience in the property finance sector to the role and joins HTB from Aldermore Bank, where he worked for over eight years. He held the position of senior client relationship…
Read more
To mark International Women’s Day on 8th March, the free debt advice and ongoing support service Money Wellness has committed to delivering female-led advice to women who have been left in financial difficulties as a result of coercive or abusive relationships. It is also using the initiative to call for creditors to come together to…
Read more