Time out with… Head of North America, Neil McMillan
In Accelerated Payments latest Time Out With… we caught up with Neil McMillan, who started his finance career in Glasgow, Scotland. Neil took his career to England, then eventually to New Zealand and Australia before moving to Canada. Neil’s career has taken him pretty much around the globe. What attracted you to join Accelerated Payments […]
Ian Duffy: A Global Perspective. How growing businesses can manage liquidity during times of crisis
We know that SMEs have been facing an extremely challenging time over the past few years. Obstacles include Brexit, the COVID-19 pandemic, and the ensuing supply chain crises. In this blog, AP spoke with CEO, Ian Duffy as we discuss the global impact of how these crises are hitting SMEs and how companies around the […]
Why working with brokers can get you SMB funding
If you’re looking for SME funding, you’re not alone. A new report from Simply Business has shown that 1 in 3 small business owners in the UK fears running out of money. Not only that, but a staggering 87 per cent of small business owners have lost money over the last two years. With many […]
Could new covid-19 worries spell more troubles for scaling businesses?
Accelerated Payments spoke with our Head of North America, Neil McMillan to get his views. By many accounts, the worst of the COVID-19 pandemic is over. However, for businesses – especially scaling businesses with plans to grow – the full impact of the pandemic continues to be felt. Right now, not only are there ongoing […]
Time out with… Weiqing Li
Tell me a bit about yourself My name is Weiqing Li, and I am from North China. I first came to Ireland 8 years ago as part of a study programme. About 30 of us were in that course and 10 of us are still in Ireland today. We studied three years in China, and […]
What are the advantages of Export Finance?
Export Finance is a great tool that can help your business to release working capital from its overseas transactions. Export finance is a key competitive factor for exporters and may increase their opportunities of signing a contract. It can provide several advantages for both the SME exporter and the importers which are explored below. Advantages […]
The impacts of 2020/2021 on SMBs and 2022 predictions.
We asked SMEs their opinions on several topics that have impacted their business over the last 24 months. The results of the survey are below and outline the challenges faced by SMEs in managing cashflow through both a pandemic and the added complexities brought on by Brexit. The impact of late payments Late payments have […]
Use Supply Chain Finance and Receivables Finance to cut costs and become more efficient
Cashflow disruptions are always expensive Businesses pay for cashflow disruptions in more ways than one. Temporary shortfalls can prevent companies from operating effectively, delay hiring of much needed talent or replacing outdated inefficient equipment. Not only this, SMEs find themselves stuck in a credit war between paying their suppliers on time and having to provide […]
Talking Trends September 2021 – Broker Edition
This blog forms part of a series where we identify common views and trends within the broker market over the previous 3 months. Funding enquiries General market feeling is that overall level of enquiries from new and existing clients has remained relatively static. Some (43%) have seen an uptick in the number of Invoice […]
Export Terms of Trade
One of the most important aspects of your export business is your terms of trade. You must have a clear understanding of the various methods of payment available. This includes costs, risks, marketing implications and, of course, when you will actually receive payment. It is also important to know that your terms of trade should […]
