The High Court Enforcement Officers Association (HCEOA) has announced that David Asker, Authorised High Court Enforcement Officer (AHCEO) and Director of Corporate Governance at The Sheriffs Office has been elected to join the board. The HCEOA, formerly The Sheriffs Officers Association, was founded 130 years ago, with its core aim to represent its entire members and…
Read moreSancus Finance’s Managing Director, Caroline Langron has been appointed Managing Director of FundingKnight Langron will continue in her role as managing director of Sancus Finance, which she has led since 2014. The appointment comes on the back of a business restructure which saw both Sancus Finance and FundingKnight’s owner, GLI Finance bring together a select…
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Bibby Financial Services (BFS) has appointed Sharon Wiltshire as UK commercial director. First joining BFS in 2001, Wiltshire brings 30 years’ experience in commercial finance, having started her career at RBS Invoice Finance in 1987. She has held a variety of operational and commercial roles with BFS, including operations director and managing director for the…
Read moreAldermore has announced the launch of Contract Finance, a new business finance funding solution allowing small and medium-sized enterprises (SMEs) to release working capital by advancing funds against their contractual billing. Contract Finance offers a flexible solution to businesses with an annual turnover above £250,000 which supply goods or services under contracts, typically over a set…
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Gener8 Finance has announced that it has agreed on terms to sell its invoice finance business to 1pm Plc, a stock market listed provider of asset based lending facilities to the UK SME sector. Asset Finance specialist, 1pm provides asset finance, business loans and related financial products for both hard and soft assets and has…
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Richard Jones has been named as the new chairman of the Finance & Leasing Association (FLA). Jones, Managing Director at Black Horse, was already a board director at the FLA before taking on the chairman role. Jones the Managing Director at Black Horse, He has replaced outgoing chairman Nigel Clibbens, whose term has ended. Stephen Sklaroff,…
Read moreDebt Advice Provider Stepchange has launched an election briefing calling on parties to help struggling households this Election. Here is an overview of Stepchange’s statement: 8.6 million households are using credit for everyday living expenses, including 1.1 million having to turn to high cost credit. These are households who might be managing for now but are increasingly…
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The manufacturing sector is acting as the primary driving force behind business confidence in the UK, according to the latest results (Q1 2017) from the UK’s Credit Managers’ Index (CMI). The Index – which is the quarterly barometer of the Chartered Institute of Credit Management (CICM) – also reports a reduction in market volatility with…
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Research by L&C Mortgages has revealed that 1.4 million UK households are struggling to pay their mortgage and 2.6 million people think their monthly mortgage payments are too high. Over half (58%) have never remortgaged for a better deal, as highlighted in L&C’s ongoing campaign to get homeowners to save as much as they possibly…
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Aldermore, has announced the appointment of James Pigrem as Business Development Manager within the Manufacturer & Dealer Services team in its Asset Finance division. Pigrem has over 13 years’ experience in the industry, most recently working for GE Capital Equipment Finance where he held variety of roles. James was a member of the field-based sales team…
Read moreKPMG and peer-to-peer (P2P) lending platform Twino have released the first ever Alternative Lending Index (ALI). The report compares lending environments across Europe over the period 2010- 2016. The ALI uses information gathered from the European Central Bank and Eurostat, as well as the central banks of the countries outside the Euro area. The Index provides a scale…
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There was a sharp increase in the number of county court judgments (CCJs) against companies in England and Wales during the first quarter of the year, according to figures released today by Registry Trust. In Q1 2017, 29,811 CCJs were registered against all businesses in England and Wales. The increase of 36 percent compared with…
Read moreThe Federation of Small Businesses (FSB) has warned small businesses in the UK to take urgent steps to protect from a cyber ransomware attack this week, following specific concerns it has received from the National Cyber Security Centre. As well as following its cyber protection advice, FSB says smaller businesses should put in place specific cyber…
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