Now is the perfect time to check your cashflow
With cashflow it’s always a case of fail to plan, plan to fail. With summer upon us and Covid-19 restrictions allowing a little more freedom (holidays), now is the perfect time to make sure your finances are in order. In uncertain times such as Covid-19 and Brexit, the need to manage and safeguard cashflow is […]
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 SMEs 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 […]
The Need for Collaboration
Access to finance for SMEs is a drum that is continuously beaten across the world. Many SME finance providers jumped headfirst into the market in the last decade with the common goal of fixing exactly that systemic fault. It is evident that FinTech’s have already altered the market, however, the combined effects of Brexit and […]
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 […]
Dispelling 5 Common Invoice 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 […]