How to Proactively Manage Late Payment and Safeguard Cash Flow
Business survival is all about cash flow. Businesses can keep going as long as they can pay their bills. It has been some time since the Prompt Payment Code came into force and we take a look at what this means for SMEs. Here, Accelerated Payments share our insights into the issues around late payment and what small businesses can do today to safeguard […]
Why don’t more businesses use Selective Receivables Finance?
Upon completion of a deal, one of our introducers said to us, “Selective Invoice Finance is fantastic – why don’t more businesses use it?” We are struggling to think of reasons why – especially when you consider what all SME business owners are looking for: Business growth The cliché “cash is king” is said for […]
Now is the perfect time to check your cashflow
With cashflow it’s always a case of fail to plan, plan to fail. With summer upon us and Covid-19 restrictions allowing a little more freedom (holidays), now is the perfect time to make sure your finances are in order. In uncertain times such as Covid-19 and Brexit, the need to manage and safeguard cashflow is […]
Talking Trends April 2021
This blog forms part of a series where we identify common themes and trends over the previous month. Positive Steady increase in business enquiries following removal of government support funding High proportion of enquiries from mature businesses who are new to invoice finance in the UK and Ireland Continued strong demand for export finance beyond the EU and […]
CEO, Ian Duffy Opinions on Government Support Initiatives
In terms of business and economic impact, extension of the government support initiatives is a stay of execution for the SME sector. It may extend lifelines for SMEs for an additional three months, but the market will eventually need to return to being predominantly funded by the private sector. So, an extension does not lessen […]
Talking Trends February 2021
This blog forms part of a series where we identify common themes and trends over the previous month. Positive Business confidence in the UK appears to be improved as uncertainties around Brexit are made clear and there is a roadmap out of the Covid-19 crisis Recovery Loan Scheme to be rolled out in UK in April, but SME’s are expected to return to non-covid finance options Continued strong demand for US$ in Ireland, UK […]
Supporting SMBs during Lockdown – how Fintechs will provide a lifeline in 2021 and beyond
While the UK is still ranked in the top ten most competitive economies by the World Economic Forum, this is far from assured after Brexit. If the response in the past few months to Covid-19 is anything to go by it is our small business entrepreneurs who will have the agility and ability to respond to […]
The Need for Collaboration
Access to finance for SMEs is a drum that is continuously beaten across the world. Many SME finance providers jumped headfirst into the market in the last decade with the common goal of fixing exactly that systemic fault. It is evident that FinTech’s have already altered the market, however, the combined effects of Brexit and […]
Talking Trends January 2021
This blog forms part of a series where we identify common themes and trends over the previous month. Positive Introducers in the UK market returning to invoice finance as a core solution as CBILS draws to a close There is strong demand for US$ in Ireland, UK and Canada, highlighting the continued interest in SMEs to look beyond Europe post-Brexit. Businesses appear to be paying […]
Painting Brexit by Numbers
On the 23rd June 2016, the UK voted to leave the EU triggering Article 50. More than 3 years on and the deadline looms at the end of December. Time is running out to prepare. Anxiety around what will happen, especially around the borders if a deal is not agreed. Steve Box, Chairman of Accelerated Payments […]
