Credit, Collections & Insolvency News
Creditsafe, has added 18 countries across Europe and Asia to its global platform. Businesses will now be able to gain instant online access to credit reports for companies in countries including Afghanistan, Belarus, Cambodia, Iceland, Laos, Malaysia, Myanmar, Thailand and Vietnam. The new international reach will see Creditsafe increase its information database by 21% to over…
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The British Bankers’ Association (BBA) has added Just Loans Group to it’s associate membership. Just Loans becomes the first alternative commercial lender to join the association. Just Loans Group Chief Executive Officer John Davies said “I don’t believe that traditional banks and alternative lenders are in competition with each other as they share the common aim…
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Research by Barclays Business has found that up to £550 million is lost every year by SMEs forgetting to pay in or losing cheques written to their business. Of those that have lost or forgotten to deposit a cheque, two in five (38%) admit to doing it only on one occasion, however one in five…
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United Trust Bank has appointed Richard Murley as its new Chairman
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IGF has appointed Richard Spielbichler as ABL Director for the North West whilst Jeff Greenfield joins as ABL Director for North London and the Home Counties.
Read morePeer to peer lender ThinCats has launched a new two-tiered grading system for all loans on the platform’s primary market. The new system will allow investors to quickly determine two key factors that determine the quality of a loan: credit quality and security quality. Credit quality, the ability of a company to service its loan obligations, will…
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HH Cashflow has appointed Robin Goddard as it’s new Head of Sales.
Read moreUK Credit Insurance and The John Reynolds Group Ltd will merge in August. Following the merger the new company will be called Acumen Credit Insurance Brokers Ltd. A new website will follow in September: www.credit-insure.co.uk.
Read moreSTA International has announced the appointment of Mark O’Neil as Managing Director. Former Managing Director Colin Thomas will become Chairman. A list of the latest appointments in the credit industry can be found here.
Read moreAndrew Ward has joined Hitachi Capital Invoice Finance as Senior Business Development Manager.
Read moreNick Tubbs has joined JBW Group as their Chief Executive Officer.
Read moreAs part of the changes Ian Steward has been appointed Managing Director of Close Brother Invoice Finance. Steward was previously Managing Director of Close Brothers Invoice Finance North. George May and Fiona Parkinson will now become Commercial Directors for the north and south.
Read moreBibby Financial Services has announced the fund to support European SMEs. The three-year agreement with HSBC will be available to new and existing SME customers.
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