As the temperature goes up, late payments scorches SME owners. Hitachi Capital Business Finance shows that a late payments “epidemic” is underway for those chasing invoices stretching back to June. Plus, in the UK, some business owners have to delay or cancel vacation plans as...
Alternative lenders entered the market, in large part, to position themselves against the big banks. In the U.K., AltFin promised faster, more convenient access to capital during a time when the rift between small businesses and banks was growing (and continues to grow) thanks to...
The markets panicked in the immediate aftermath of the U.K.’s Brexit vote, then the dust seemed to settle. Only now is the nation beginning to see how the decision will make an impact in reality, and mid-market businesses are feeling some of the largest hits....
Understanding the industry of a business borrower is a critical component of analyzing risk and needs for a lender. But in some niche markets, particular cash flow characteristics may be best serviced by an expert. FastPay is an alternative lender zeroed in on one such...
