It was only last week that the Government were hailed as saviours of the banking sector with their measures of bail outs, and capital injections. As far as I’m aware the banks who indicated that they would like access to funds have yet to sign up. The effect of this can therefore still be seen [...]

Being a Director of a limited company in today’s economic climate can be a tricky business. Trading conditions now are as hard as they have ever been, and restrictions on availability of credit combined with lengthening delays in payment and putting cash positions under strain. As a result many companies will run into financial difficulty.
Directors [...]

How a Pre-pack Administration can save a business.
If you have a business that is facing great creditor pressure, including court summonses or statutory demands or visits from bailiffs, then it is possible to save a decent business (but not the Limited company shell) by selling that business to a “newco” possibly set up by the [...]

For many small businesses seeking to raise instant funds for working capital Invoice discounting may be the answer. It is similar two factoring in it’s aims but very different in practice There are two types available, called Confidential and Disclosed. As their names suggest, with Confidential the customers are unaware of the Discounters involvement, whereas where [...]

Factoring can be a great way for some companies to raise finance and shift borrowing off of their balance sheet. It is an alternative but similar to Invoice discounting. It has its pro’s and con’s
Advantages:
- It is among the quickest way to get advance cash. - Overhead charges get automatically reduced with the cut in [...]