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 […]
Talking Trends January 2021
This blog forms part of a series where we identify common themes and trends over the previous month. Positive Introducers in the UK market returning to invoice finance as a core solution as CBILS draws to a close There is strong demand for US$ in Ireland, UK and Canada, highlighting the continued interest in SMEs to look beyond Europe post-Brexit. Businesses appear to be paying […]
Time out With.. Josephine Stanley-Milnes
A little bit about your background: Firstly, can you tell me more about your role within AP? I am on the client management team, so I get involved in processing all the new applications and doing all the relevant compliance checks including money-laundering and “Know Your Client (KYC)”. It gives me the chance to build […]
€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. […]
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 […]
Steve Box on his appointment as chairman at a time of remote working
Accelerated Payments last week announced the appointment of Steve Box as new chair. Here is a short introduction to Steve Box followed by an interview conducted following the announcement. Steve Box has held several senior executive roles in the past, including as head of Europe for Falcon Group, CEO of Bibby Financial Services and global head of receivables […]
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 […]
