Navigating the Alternative and Speciality Finance Landscape for Canadian SMBs
What does the current SMB finance landscape look like in Canada? The Alternative/Specialty Finance industry in Canada remains a fragmented marketplace with both strong regional and national brands active today. The dominance of the large public financial services providers remain solidly in place, however the nimbleness, risk-tolerance factor and technology orientation of the Specialty Finance […]
Ian Duffy Opinions on Brexit
In this article, Ian Duffy, CEO of Accelerated Payments gives his opinion on the impact that Brexit will have on various areas of businesses trading with or through the UK. From 1 January 2021, regardless of the outcome of the ongoing negotiations, the UK will no longer be part of the EU’s Single Market and […]
How to Stay Afloat while Exporting
There are a lot of benefits to a business selling invoices overseas, but there can also be a lot of financial risks as well. It is important to fully understand the risks and how they may affect your business before selling overseas. Export Finance is ideal if your business has customers overseas who have extended payment […]
An Alternative View of SMB Funding with Accelerated Payment’s CEO, Ian Duffy
Getting funds to SMEs is the new imperative across the globe as nations look to reopen businesses and get people back to work. The pandemic has thrown accessibility of funding for SMEs into sharp relief and alternative financiers are stepping up to the plate. I talked to one such financier, Ian Duffy CEO of Accelerated […]
Dispelling 5 Common Receivables Finance Myths
Introduced over 4,000 years ago, when King Hammurabi ruled over Mesopotamia, invoice finance is one of the oldest forms of commercial finance. The modern-day version of invoice financing can be traced back to the 1300s when money in Italy was offered against payment and delivery of grain. Fast forward to 2019 and the estimated volume of invoice finance […]
Beat the coronavirus! 3 key issues affecting SMBs and strategies to mitigate.
At the beginning of 2020, the outlook for small and medium-size enterprises (SMEs) was promising. However, the Covid-19 pandemic caused a crisis affecting both lives and livelihoods, leading to a world-wide pause and a sudden and dramatic change for SMEs. Economic markets began to fall, supply-chains slowed or became dismantled and consumption levels dropped. This blog looks at three key issues affecting SMEs and the appropriate considerations to be taken. 1. Cash Flow Management […]
