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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
