International

Turkish businesses pay bills to UK counterparts quicker

Turkey is the ‘best’ European country in the G20 for UK firms to do business with, according to latest research . The findings, compiled by Creditsafe, have revealed Turkish businesses pay bills to their UK counterparts quicker than any other European G20 country, at an average of 4 days beyond terms (DBT). Creditsafe used its trade…

J&P Credit Solutions and TCM Group announce partnership

Debt recovery specialist J&P Credit Solutions has partnered with the TCM Group, a global network of debt collection providers, to enhance its international recovery services. J&P Credit Solutions currently acts on behalf of a number of clients who look to pursue and recover debt from customers based overseas.  The TCM Group is a global network…

Reports finds that UK leads the way in alternative finance

A New report from KPMG and peer to peer lender (P2P) TWINO shows UK leads the way in alternative finance but also suggests that continental European lenders catching up. The report shows that the UK still leads the way in alternative finance, with four times higher volumes in aggregate than the rest of Continental Europe.…

OnGuard and Credit Tools announce merger

OnGuard and Credit Tools have announced they are to merger. The merger will strengthen their European credit management software solutions. The new name of the organisation will be announced at a later stage. The merger will optimise the innovative capacity so that the organisation can continue to fulfill its strategic pioneering role for customers in the…

Creditsafe launches in Asia

Creditsafe has announced the opening of its first office in Asia. Headquartered in Tokyo with operations based in Fukuoka, it is the firm’s 18th global office. In addition to setting up its operation in Japan, Creditsafe is also planning to extend its global database to offer UK businesses information on more than 12 million publicly traded…

Creditsafe adds 18 countries to its global platform

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…

Bibby Financial Services agrees €150 million funding agreement

Bibby 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.

Uncertainty for businesses and UK insolvency regime following Brexit

“Leaving the EU will have a major impact on the way corporate insolvency works in the UK.   “Domestic insolvency legislation itself is likely to be unaffected, the insolvency profession is involved in a lot of cross-border work in Europe. One key change is that it could become much harder to retrieve assets on behalf…

Marston acquire Moreton Smith

Ascent acquires P&A Receivables (collections division)