Credit, Collections & Insolvency News
New business debt resolution company, Rezolva, has launched with the aim of helping businesses recover overdue invoices faster.
Late payment remains a persistent challenge for businesses. More than half of firms experience delayed or frozen payments, placing pressure on working capital and limiting growth.
Rezolva focuses on early debt resolution. The aim is to help businesses get paid before issues escalate into disputes, legal action, or bad debt.
Karl Hague, Founder of Rezolva, said “Late payment impacts cash flow and decision making. Most businesses act too late, when options are limited. We focus on early intervention. That improves outcomes and helps businesses protect the relationships they have worked hard to build.”
GB Bank has announced that Chief Executive Officer (CEO) Mike Says will retire from his role at the end of April 2026, he will be succeeded by Eddie Trahearn, currently Chief Strategy & Financial Officer, subject to regulatory approval. Since joining in 2021, Says has overseen rapid growth and transformation. Under his leadership, GB Bank…
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Business bank Zempler Bank has named its Chief Financial Officer (CFO), Dominic Wade, as its new Chief Executive Officer (CEO), pending regulatory approval. Wade succeeds Rich Wagner, Zempler’s founding CEO, who stepped down earlier this months, with Wagner moving to a part-time advisory role to the board, led by Chair Mark Sismey-Durrant. The leadership change follows…
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Alternative SME finance provider, ThinCats, has announced the appointment of Dan Houman as Senior Director. In the new role, Houman will work with SMEs across Yorkshire and the North East to help them access the funding they need to grow. Working closely with the existing regional team, he will support businesses in securing bespoke, flexible…
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One in seven high street businesses has transitioned to cashless payments in the past year, according to a survey by ATM and cash access network Link. The research revealed that 77% still accept cash. Despite this shift, 46% of in-person transactions remain cash-based. The biggest driver to becoming a ‘cashless’ business was fraud prevention (22%) followed…
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Hampshire Trust Bank (HTB) has promoted Henry Manley-Cooper to Deputy Managing Director of Bridging Finance. Manley-Cooper joined Hampshire Trust Bank as a senior underwriter within the second line credit function and has since contributed to strengthening credit discipline and commercial alignment across the bridging business. In his new role, he will report to Alex Upton,…
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