October 3, 2008
- Business Debt Consolidation Service Announced
As the credit crunch begins to spread wider and bite into the wider business economy Enable Finance is proud to announce a new Business Debt Consolidation service for small to medium sized businesses concerned about their business debts. (…)
September 22, 2008
- Credit Crunch & Corporate Finance the alternatives
It is normally difficult for a business to admit financial difficulties, but in the midst of the global credit crunch even healthy firms are finding the economic problems passing on to them. (…)
September 20, 2008
- Sale and Leaseback or Asset Refinance Can offer Cash Flow Life Line
As Banks carry on to tighten their lending criteria business overdrafts often the first in the firing line; gone have the days of readily available overdrafts or the flexibility to extend your facility easily. (…)
September 16, 2008
- Bibby Leasing & Asset Finance Withdraws From the Market
It has been confirmed that Bibby Leasing Ltd has withdrawn from the commercial asset finance sector deciding to concentrate solely on its small ticket sales aid division. (…)
September 15, 2008
- Lehman Brothers Declares Bankruptcy
In a move that has already sent shock waves around the world US investment giant Lehman Brothers has today filed for bankruptcy. (…)
September 10, 2008
- Commercial Mortgage Lender 5D takes over InterBay
InterBay Commercial has been bought by the 5D Group. It will be merged with commercial mortgage lender 5D and re-launched under the InterBay Commercial name. (…)
September 3, 2008
- Increased Cash Flow Problems for Business Reported
One in five UK accountants claim that their clients have been refused credit or had funding restrictions imposed in the light of the credit crunch. (…)
August 29, 2008
- Remortgages Return as Fixed Rate Deals Get Better
Mortgage borrowers coming to the end of two and three year fixed rate mortgage deals have been increasingly staying on their lender's standard variable rate because the new fixed and tracker rate options were proving too expensive. (…)
August 28, 2008
- Consumer Credit Licensing Changes Come into Force
The Office of Fair Trading has reminded businesses about changes to the consumer credit licensing regime that come into force in the autumn. (…)
August 27, 2008
- Factoring could protect against bad debt
Small to Medium Sized businesses are urged to consider bad debt protection to combat the rise in bad debts highlighted recently by Registry Trust. (…)
August 25, 2008
- Mortgages from Mansfield Building Society
The Mansfield Building Society has launched two new intermediary only mortgage products. (…)
August 22, 2008
- 3.4 million loan and mortgage declines could have been avoided
According to new research from GE Money up to 3.4 million borrowers have been turned down at least once for mortgages and loans in the past 18 months and one in eight of them had to apply four or more times before they were accepted for a mortgage or loan. (…)
August 13, 2008
- Inflation expected to hit 5% and gloomy outlook from BoE
The annual rate of inflation soared to 4.4% in July, its highest level since records began in 1997. (…)
- The Mortgage Business (TMB) is terminated by HBOS
HBOS has this morning revealed it is terminating The Mortgage Business brand as a way of streamlining its mortgage business. (…)
August 7, 2008
- Interest Rates - Bank Base Holds at 5%
The Bank of England Monetary Policy Committee has held base rate at 5% today. (…)
August 6, 2008
- Non standard Construction Offers Cheap Housing Alternative
While its true that house price have come down in the past 10 or 11 months its still common to hear that people are struggling to move or buy because property prices are still to high. (…)
August 4, 2008
- Invoice Finance and Factoring Company Wins Award
Cattles Invoice Finance, the Manchester-based business funder, has scooped Business Innovation of the Year at the National Business Awards' North West regional finals. (…)
August 1, 2008
- Business recovery and turnaround service announced
It’s now acutely apparent that the credit crunch has imposed some of the toughest challenges on UK Business owner. (…)
July 29, 2008
- Cash Flow: Businesses are Increasing worried about future
New research out to day from Abbey Business Banking has found that 39% of small business owners feel the economic outlooks for their business over the next 12 months are concerning or poor. (…)
July 28, 2008
- UK House Price predicted to rise by 25%
House prices are set to rise by 25% over the next five years, reports the National Housing Federation. (…)