Banks reject 70% of small businesses 3rd June 2019. A new report shows that Banks reject 70% of small businesses applications. A report from Smith & Williamson reveals that 70% of small businesses fail to secure finance at the first

SME government loan values decline. 03/06/2019. Worryingly, it has been reported that SME government loan values have declined. The value of bank loans being offered to small and medium-sized businesses through the government’s flagship small business lending scheme has dropped

Communicating with your debtor James Salmon, Director, 22nd May 2019. Communicating with your debtor is essential. But too often, people shy away from difficult conversations.  They prefer to send an email or post a statement in order to avoid the

Thomas Cook secures extra funding as financial woes worsen. 22/05/2019. see our latest post from September 2019 – Thomas cook collapses Thomas Cook has secured £300m of extra funding to tackle mounting debts and is reportedly seeking a sale of

Government in talks to save British Steel 21/05/2019 Government ministers are in talks to prevent the collapse of British Steel, after the firm secured funding from shareholders and creditors to stay afloat until the end of May. The company, owned