Kevin Clark appointed as Strategic Advisor at Accelerated Payments
We are delighted to announce that Kevin Clark has joined our Strategic Advisory Board. Kevin is a recognized leader in the financial services industry with over 35 years of experience in banking and alternative financing. He currently holds the position of Chief Revenue Officer at Merchant Growth Ltd., a Specialty Lender in the Canadian small […]
€210Million of receivables financing!
As we celebrate our third anniversary we are proud to announce we have advanced €210 million worth of invoice financing to SMEs in the UK, Ireland and Canada! This milestone comes as we triple our work force and extend our global reach, with plans to further expand into America from our Toronto base next year. […]
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 […]
Manage the headache of payment terms with export finance.
If you’re a business that sells to other businesses, it’s likely that you’ll recognise the need to manage cash flow. It’s one thing to sell within the domestic market, it’s another to sell overseas. The upheaval to international supply chains brought about by covid 19 and further uncertainty coming down the tracks post Brexit mean […]
Alternative Receivables Finance Companies: A lifeline for SMBs?
In the wake of the pandemic, governments across the globe put in place loan guarantees for businesses in various guises in order to protect the future economic road to recovery. But whilst their efforts are commendable, the eligibility criteria and restrictions that they put in place meant that many alternative finance lenders were and still are unavailable to provide a suitable offering. This leaves thousands […]
The long and winding road to recovery: how to keep your business on track.
As nations of entrepreneurs SMEs account for 60% of the UK and 70.1% of the Irish Labour market and around 50% of turnover of both countries. The response of SMEs to the Covid crisis will clearly have a huge impact on the shape of both economies and future skills requirements. Of course, neither country is the first in the world to navigate recovery. Across the world, countries are starting to open up their doors, albeit slowly. The […]
Invoice Finance: choosing the right provider when you’re a fast-growing tech company
Fast growing businesses can often struggle to raise enough finance to keep up with their demand for working capital. The situation, sometimes referred to as over trading, occurs when a company is taking on new business faster than it can afford to fund that business. It’s a cash flow issue made even worse by late or slowing paying customers. Invoice finance […]
Creating FX Certainty in Uncertain but Stressful Times
Brexit created a whole host of risks for Clear Treasury’s sterling clients. In recent months another major risk has been thrown in the mix – the impact of the coronavirus on global economic markets. Consequently, we saw a fresh explosion in currency volatility too. For example, in the month of March alone, sterling fell by over 10% to […]
