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Budget 2020 summary: The SME perspective

Yesterday marked the first Budget since Prime Minister Boris Johnson won a Parliamentary majority in December 2019 and came quickly for Rishi Sunak who only became Chancellor last month. Chancellor Ri...

SMEs: 69% facing cash flow strains from Coronavirus

Supply chain: Shocks could derail even the most established and well-run SMEs. Access to cash: Businesses need to prioritise ways of getting access to cash flow, whether that’s drawing down on exist...

MarketFinance becomes NACFB Patron

Finance: MarketFinance expected to lend £500m in 2020 to UK SMEs through their network of UK commercial finance brokers.  Partnerships:  Build closer ties with established and accredited co...

UK SMEs stretched further by late payments

Double trouble: Late payments double from 12 days in 2018 to 23 days in 2019. Late: 39% of invoices paid late in 2019, marginal improvement from 43% in 2018. Value: Average of £34,286 owed in late in...

MarketFinance set to transform business lending industry

MarketInvoice updates name to MarketFinance as it broadens finance options for UK businesses. MarketFinance is the first fintech to offer multiple lending products in an integrated single view finance...

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