Every single market movement and utterance from an economic sage is being met with speculation about the dreaded double-dip.

Today a scan of Google News will throw up over 7,000 articles on the subject and with the Dow closing last night below 10,000 points at 9985.81 pressures are growing:

Read more on Double Dip Recession? Is Your Business Ready…

For more posts on [ilb-kw] Click the [ilb-kw] link

For more posts on invoice factoring Click the link

Is the Enterprise Finance Guarantee (EFG) a sick practical Joke? I am looking for your views and comments.

According to new research Lending to SMEs under the government-backed Enterprise Finance Guarantee (EFG) loan scheme has continued to plummet, with a further fall of 20% in the last quarter and 59% in the last year. The scheme lent a measly £149 million the second quarter of 2010.

Read more on Enterprise Finance Guarantee (EFG) Loans, Are They a Joke?…

For more posts on [ilb-kw] Click the link

For more posts on invoice factoring Click the link

The Bank of England’s Monetary Policy Committee has voted to hold interest rates at 0.5% for the 17th consecutive month. The MPC also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200bn.

Read more on Interest Rates Held at 0.5% in August…

For more posts on asset finance Click the asset finance link

For more posts on [ilb-kw] Click the [ilb-kw] link

Today is the day that the Bank of England Monetary Policy will again meet to decide the fate of the UK bank interest rate.

Interest rates have been historic low now at 0.5% will concerns over inflation require the bank to consider raising interest rates? Lets wait and see the MPC decision is usually unveiled at 12.30.

Read more on Interest Rates – stick or twist…

For more posts on [ilb-kw] Click the link

For more posts on invoice discounting Click the business loans link

In a report our today by the The Ernst & Young ITEM Club forecast that the base rate will remain on hold until the end of 2013. However, this is dependent on the assumption that the impending spending cuts actually come through.

Read more on Low Interest Rates Until 2013…

For more posts on invoice discounting Click the business loans link

For more posts on [ilb-kw] Click the [ilb-kw] link

The Development Finance Team at Enable Finance are proud to announce a brand new product ideal for property investors looking to buy properties requiring refurbishment or are currently un-mortgageable, which of course is where you often find the bargains.

Read more on Bridging Loans Rolling Into Buy To Let Mortgage…

If you like this article see more here: Invoice Finance | Invoice Discounting | Invoice Factoring

See similar articles here about [ilb-kw qty="2" sep=" , " case="low"]

Chris Sutton of Black Horse Consumer and Motor Finance has been elected chairman of the Finance & Leasing Association (FLA).

He takes over the chairmanship from David Betteley, director of financial services at Jaguar Land Rover, who is standing down as FLA chairman after three years.

Read more on Finance & Leasing Association Gets New Chairman…

See similar articles here about [ilb-kw qty="2" sep=" , " case="low"]

If you like this article see more here: Business Loans | Asset Finance | Invoice Finance

Commenting on Receivables 2009, the 13th Business Money annual evaluation of the united kingdom invoice finance market publisher, Robert Lefroy, stated: “Bibby Financial Services has built an significant contribution to funding the Small medium enterprise sector in Great Britan for nearly 2 whole decades.

Read more on Bibby Factors Now The 2nd Biggest Invoice Finance Company…

See similar articles here about business loans , invoice finance

For more posts on [ilb-kw] Click the [ilb-kw] link

Start-up support group Connect Yorkshire will run the Yorkshire Understanding Finance for Business scheme, an initiative offered by Yorkshire Forward as part of the Government’s Solutions for Business platform.

High growth potential businesses will be able to take part in a range of workshops, boot-camps and coaching sessions that will enable them to “turn their business propositions into attractive investment opportunities”.

Read more on Business Finance For Yorkshire Companies…

See similar articles here about [ilb-kw qty="2" sep=" , " case="low"]

If you like this article see more here: Asset Finance | Invoice Discounting | Business Loans

Last week Excel Securities the Manchester based Bridging Finance Lender filed a notice of an intention to appoint administrators at the city’s High Court. The directors now have 10 days to appoint an insolvency practitioner, which is expected to be Begbies Traynor.

Read more on Bridging Lender Excel Securities Goes Into Administration…

If you like this article see more here: Invoice Factoring | Invoice Finance | Business Loans

For more posts on [ilb-kw] Click the link

The Chancellor Alistair Darling in the last budget before the general election, has set Royal Bank of Scotland and Lloyds a target of £94bn of new lending for the coming year.

Read more on Small Business Finance – Comment On Budget 2010…

For more posts on asset finance Click the business loans link

For more posts on [ilb-kw] Click the link

Small businesses across the UK were given a boost recently, as the European Investment Bank’s (EIB) announced it would provide over £700m of funding to nearly 3,000 small firms through participating national banks.

Read more on Small Business Finance From EIB…

For more posts on [ilb-kw] Click the [ilb-kw] link

If you like this article see more here: Asset Finance | Invoice Finance | Business Loans

Businesses are routinely delaying payments to trading partners by forcing them to reissue invoice statements, according to a new survey out today by Credit safe.

Its still a very common factor customers are asking for longer time to pay and yet trade suppliers are asking you to pay more quickly, giving you a massive cash flow squeeze.

Read more on Late Payments – Are your customers not paying yet your suppliers are screaming?…

For more posts on [ilb-kw] Click the [ilb-kw] link

For more posts on invoice discounting Click the invoice discounting link

The Bank of England Monetary Policy Committee voted unanimously to hold the Bank Rate at 0.5% and to keep the level of quantitative easing at £200 billion.

The MPC is engaged in a difficult juggling act. On the one hand  GDP and money supply figures argue that quantitative easing should be extended, but on the other hand the increase in inflation has exceeded expectations and suggests a need for caution. Our view remains that until money supply growth strengthens further, sustainable recovery will be in doubt.

Read more on Interest Rate Decision Was Unanimous To Hold…

See similar articles here about [ilb-kw qty="2" sep=" , " case="low"]

See similar articles here about business loans , invoice discounting

In a recent survey by the Institute of Directors nearly 60% of businesses seeking bank finance in 2009/10 were rejected by their bank, and that 20% are financing their businesses to some extent with Credit Cards.

Read more on Business Finance – Nearly 60% of UK businesses were refused credit by their banks last year…

For more posts on invoice discounting Click the business loans link

If you like this article see more here: [ilb-kw qty="3" sep=" | " case="cam"]

New data from the Continental Research Business Omnibus shows Britain’s SMEs are continuing to regain confidence in their own trading prospects. However, optimism in the overall economy waned in the last quarter of 2009 suggesting that SMEs feel the recession is not yet over.

Read more on SME Business Data…

See similar articles here about business loans , invoice finance

For more posts on [ilb-kw] Click the link

It has just been confirm on Radio 4 that Virgin Money is to acquire the regional bank Church House trust for £12.8 million.

Virgin Money will be injecting £37.3 million of new capital into Church House Trust and will be utilised as a platform to move into deposits and mortgages and boost the scale of the business through further deals.

Read more on Virgin Money Buys Church House Trust Bank…

If you like this article see more here: [ilb-kw qty="3" sep=" | " case="cam"]

See similar articles here about asset finance , invoice factoring

Enable Finance would like to wish all our friends a Happy Christmas & A Fantastic New Year.

Please note our offices will be closed from the 23rd December and normal business hours will resume on Monday the 4th of January 2010.

For more posts on [ilb-kw] Click the [ilb-kw] link

See similar articles here about invoice discounting , business loans

Read more on Merry Christmas From All @ Enable Finance Ltd…

Datamonitor the research and analysis Company have produced a report on changes to consumer behaviour and buying on line within the the personal finance industry their key findings are detailed below.

Read more on Personal Finance – Consumer Attitudes to Borrowing Online…

For more posts on invoice discounting Click the invoice factoring link

See similar articles here about [ilb-kw qty="2" sep=" , " case="low"]

Enable Finance Ltd. is pleased to announce that it has renewed it membership of the National Association of Commercial Finance Brokers, (NACFB).

Phillip Evans of Enable Finance commented “NACFB do a fantastic job for Brokers and their customers and are glad to be members”.

Read more on Enable Finance – National Association of Commercial Finance Brokers…

For more posts on [ilb-kw] Click the [ilb-kw] link

If you like this article see more here: Invoice Finance | Asset Finance | Invoice Discounting

For more posts on invoice factoring Click the link

Asset Based Factoring which is also known as Asset Based Lending can be one of the most dynamic ways a business can fund itself. Enable Finance provide expert help and advise to business owners and Directors when structuring an Asset Based Lending facility

Read more on Asset Based Factoring…

See similar articles here about business loans , invoice finance

If you like this article see more here: [ilb-kw qty="3" sep=" | " case="cam"]

The National Association of Commercial Finance Brokers (NACFB) has announced the results of its latest annual member survey, revealing a shocking picture of the small and medium sized enterprise (SME) community. 

Read more on Small Business Finance – NACFB Report Shocking Figures…

For more posts on asset finance Click the link

For more posts on [ilb-kw] Click the link

The Bank of England has held the bank base rate at 0.5% for the sixth month in a row. It says it will also continue with its £175bn quantitative easing scheme but will not extend it this month.

Read more on Bank Of England Base Rate Held @ 0.50%…

For more posts on asset finance Click the invoice finance link

For more posts on [ilb-kw] Click the link

UK sub-prime lender Cattles has said it may cut as many as 510 jobs at its Welcome Financial Services subsidiary.

In a statement issued this morning the board of Cattles said that as part of an ongoing comprehensive review of the Welcome business, it has proposed the closure of 30 branches where leases have expired or are due to expire, along with a reduction in the number of its sales and support teams.

Read more on Welcome Finance Cuts 510 Jobs…

For more posts on [ilb-kw] Click the link

If you like this article see more here: Invoice Finance | Invoice Discounting | Invoice Factoring

A phoenix company is a new company that, like the mythological bird, rises out of the ashes of a failed company and takes on the failed company business. The phoenix company will be typically trading out of the same premises, using the same equipment, same website, same phone numbers, same email addresses and all the customers.

Read more on Phoenix Company, business loans and invoice factoring for phoenix companies…

See similar articles here about asset finance , business loans

See similar articles here about [ilb-kw qty="2" sep=" , " case="low"]

Our client contacted Enable Finance Property Team after their existing Bank had taken ages to look at the deal. Once the client had engaged Enable Finance to obtain Property Development Finance our client was agreed a facility within 6 working days.

Read more on Property Development Finance: Residential Case Study…

For more posts on business loans Click the asset finance link

For more posts on [ilb-kw] Click the [ilb-kw] link

Consumer debt in Europe currently stands at £1.49tn and the IMF says that unemployment could lead to £104bn of this total having to be written off.

For the US this figure climbs to £162bn out of a total consumer debt of £1.16tn.

Read more on Credit Card Crisis for the UK…

If you like this article see more here: [ilb-kw qty="3" sep=" | " case="cam"]

For more posts on invoice factoring Click the invoice discounting link

80 per cent of financial advisers have revealed their clients’ overdrafts were refused or withdrawn during the past six months, a survey shows.

The findings, based on a survey by Strand Financial of financial intermediaries in June-July 2009, also show that 57 per cent of advisers are more likely to recommend invoice discounting and that 55 per cent are more likely to offer factoring. Some 47 per cent of respondents were less likely to recommend bank overdraft facilities since the downturn.

Read more on Business Finance Refusals Still Widespread What to do Next…

If you like this article see more here: [ilb-kw qty="3" sep=" | " case="cam"]

For more posts on business loans Click the invoice factoring link

Leumi ABL has affirmed its role as one of the most respected UK asset based lenders by winning the title of ‘Asset Based Lender of the Year – UK’ in ACQ Finance magazine’s Country Awards for Achievement 2009.

Read more on Asset Finance & Invoice Discounting Lender of the Year…

For more posts on invoice finance Click the link

If you like this article see more here: [ilb-kw qty="3" sep=" | " case="cam"]

Thousands of UK small and medium businesses will be impacted by new accountancy rules for equipment leasing if proposals in an international discussion paper are adopted.

Lease Finance and hire purchase is currently used by around 750,000 UK small businesses, including at least 400,000 companies required by law to prepare financial accounts. Under the Standards Board’s proposals all leased equipment – including cars and vans, commercial vehicles, plant & machinery, Computers and photocopiers – would need to be added to firms’ balance sheets by even the smallest Companies.

Read more on Business Equipment Leasing Rules Could Hit Thousands of Companies…

For more posts on [ilb-kw] Click the [ilb-kw] link

For more posts on invoice finance Click the link

The Audit Committee commissioned the review into the circumstances concerning a breakdown in internal controls which resulted in the incorrect application of the Group’s impairment policies.

Disciplinary Action

On 3 March 2009, the Board of Cattles announced the suspension of three senior executives of its main trading subsidiary, Welcome Financial Services Limited ("Welcome"), pending the outcome of the review. On 10 March 2009, the Board further announced the suspensions of James Corr, Finance Director of Cattles plc, Ian Cummine, Chief Operating Officer of Cattles plc and Chairman of Welcome, and another senior executive of Welcome.

For more posts on [ilb-kw] Click the [ilb-kw] link

For more posts on asset finance Click the link

Read more on Cattles Plc Board Sacked After Forensic Review…