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Outlook "exceptionally strong" say The Confederation of British Industry
The The Confederation of British Industry (CBI) have said today that the outlook for the economy over the next QTR is “exceptionally strong” – great news for businesses throughout the UK.Its latest...
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UK Services Sector Grows
The services sector in the UK grew at a faster rate than expected in May.The Markit/CIPS services purchasing managers' index (PMI) eased slightly to 58.6 in May from 58.7 a month earlier whilst...
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Local councils lag far behind Government guidance on supplier payment
Some councils still making contractors wait 40+ days for paymentSME subcontractors hit by double wait for payment Local councils are lagging far behind Central Government guidance on prompt payment of...
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New rules to prevent big businesses stopping SME suppliers from using invoice...
Both the Asset Based Finance Association (ABFA) and Skipton Business Finance have welcomed the announcement by the Department for Business, Innovation and Skills (BIS) that it will outlaw contractual...
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Celebrating Success
Here at Skipton Business Finance we love to celebrate success, especially when we have helped one of our clients achieve their goal.A year ago we saw the potential of TH Brown Limited, a local driver...
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When the gloves are off!
There are times in business when things don’t go according to plan and someone lands that sucker punch when you least expect it.It’s at these critical moments when you need to be sure you can rely on...
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How is the Government tackling the ‘late payment crisis’?
There are signs that the Government is taking the issue of late payments more seriously, but it will probably be sometime before any concrete progress is madeThe Telegraph recently reported that a...
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Basic Credit Control for SMEs – The Art of Getting Clients to Pay on Time
Our Skipton Business Finance experts offer some simple tips and tricks to help SMEs tighten their credit control procedures, so you can get cash in the bank and get out of bad debt.If showing up to do...
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Here is How Smart Business Owners Chose an Invoice Finance Provider
How do smart business leaders make strategic decisions? By asking smart questions. So, here are 5 smart questions to ask when choosing an invoice finance provider.From the large banks to the small...
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Invoice Finance vs Traditional Business Banking - Why the feud?
Many things changed for SMEs when the 2008 financial crisis hit. Some things were obviously catastrophic - job losses, business closures, the sharp decline in new start-ups.But other outcomes were more...
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5 Types of Small Business That Love Invoice Finance
We love SMEs. There, we said it. We know it’s cheesy but it’s true.Small businesses and invoice financiers are good for each other - you’re good at delivering and creating wonderful things for other...
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Creative Agencies Struggling With Late Payments, Despite £100bn UK Value
Recently it was revealed that the UK’s £100bn creative industry is being undermined by late payments.The Drum, the marketing industry news site, reported that around 48% of creative industry SMEs were...
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How Your Company Grows is Your Decision, Here’s Why
There’s a lot of pressure for business owners to keep growing and growing their companies. Here’s a convincing reason why no one decides how you grow.We love hearing SME stories of year-on-year growth...
View ArticleShould you look locally for a business funder?
This article originally featured in the March edition of the Lancashire Business ViewBY JIM FUREY, REGIONAL DIRECTOR, SKIPTON BUSINESS FINANCEWith a local working capital provider by your side you’ll...
View ArticleHow Real-Time PAYE has affected SMEs
How Real-Time PAYE has affected SMEsAbout 6 years ago the Government changed the rules for companies reporting PAYE information.Since 6 April 2013, companies have had to follow a mandatory process...
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