Accelerated Payments hires Chan Virk as UK Sales Director for the Midlands
Accelerated Payments is pleased to announce the appointment of Chan Virk as Regional Director for the Midlands. A highly experienced banking professional, Chan will be responsible for the continued growth of Accelerated Payments’ in the Midlands, supporting the Debt Advisory, Broker and Private Equity communities. With a career spanning over 20 years in Commercial […]
Brexit: New Rules When Exporting: What Your Business Needs to Know
While the United Kingdom’s departure from the European Union (EU) has been unfolding for years, businesses are still adapting to the practical implications of this seismic shift. One of the areas most impacted is exports, in particular, businesses that export. For businesses aiming to maintain a competitive edge, understanding these changes is important – but […]
Now more than ever, companies will need alternative finance methods to grow
Access to finance has always been a critical issue for businesses, in particular small and medium-sized enterprises (SMEs). The lingering aftermath of Covid-19 has only exacerbated this problem. Traditional sources of finance, such as bank loans and overdrafts, have become increasingly difficult to access. This is due to banks tightening their lending criteria in response […]
Accelerated Payments hits $1 Billion funding milestone
Accelerated Payments can today announce that we have advanced an astounding €1 billion worth of invoice financing, shortly after celebrating our fifth anniversary. The €1 billion milestone comes as we triple our workforce and extend global reach, with offices in Europe, the UK, Canada and the USA. The total also highlights the massive liquidity […]
How to survive long payment terms as your business grows
Many Small and Mid-Corporates across the globe continue to struggle with late payments for invoices that are due in 30 days. Unfortunately, the problem is even bigger for many companies where the terms of payments stretch for up to three months. The ‘knock-on’ effect of long payment terms can be catastrophic for businesses even when […]
SMBs exporting: how Brokers and Receivables Financing providers can help
For Accelerated Payments collaboration is key when it comes to doing business. With the right partners, a business can go further and help more. This is why we work so closely with our brokers. Brokers are key to helping us to provide liquidity to SMEs exporting and looking to scale up their business. By collaborating […]
Ready, set, grow – how export financing can turbocharge global expansion for SMBs
What the post-covid, post-Brexit era has made clear is that traditional financial institutions are not the best equipped institutions to support growing companies during a crisis – let alone global expansion. Banks – whether they like to or not – simply don’t have the risk appetite to offer adequate levels of financing and often the […]
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 […]
