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  • admin wrote a new blog post: Turnover target increase of Preston firm after funding boost   7 years, 3 months ago

    Preston-based supplier of commercial catering and refrigeration equipment supplier Valera, has said it is aiming for sales of £10m over the next two years after securing a £2.5m funding package, including invoice finance.

    The company, founded in the early 1990’s is a distributor for such corporate brands as Sanyo and Whirlpool and the products is supplies [...]

  • admin wrote a new blog post: The Growing Business of Online Reputation Management   7 years, 7 months ago

    By Nick Bilton of The NewYork Times

    Over the weekend I wrote an article for Sunday Styles about new Web services that deal with a new problem — online reputation management. These businesses have cropped up over the past few years to address one major negative aspect of our online world: As quickly as images, blog [...]

  • admin wrote a new blog post: Toughening up credit rating agency rules   7 years, 7 months ago

    New rules for credit rating agencies should clarify their working methods, boost competition and reduce reliance on their ratings, said Economic and Monetary Affairs Committee MEPs on Wednesday, two months before the Commission is to table legislative proposals. MEPs also advocated creating a European credit rating foundation, and called for [...]

  • admin wrote a new blog post: Anniversary for Liverpool Debt Recovery firm CCDR   7 years, 7 months ago

    The start of March 2011 sees the first anniversary of the website launch for Liverpool based Commercial Debt Collection and Commercial Debt Recovery Specialist CCDR (Corporate Credit Debt Recovery) and also marks the recent move to Liverpool‘s marquee office building, Horton House which is part of the landmark Exchange Flags, in the heart [...]

  • admin wrote a new blog post: Online reputation management sector on the rise   7 years, 7 months ago

    The launch of a new start-up called Applicatr highlights the rise in online reputation management as a business sector, according to tech industry figures.

    Applicatr is a web application that provides an effective way to review resumes, applications and interviews, and collate the feedback for the benefit of the employer.

    Applicatr co-founder Dominik [...]

  • admin wrote a new blog post: TheBiggestClearance.com going global   7 years, 7 months ago

    TheBiggestClearance.com now finally announces going global. After the previous success of the European B2B marketplace and the online platform for trading wholesale clearance, overstock, surplus and liquidation, The Biggest Clearance started working on its worldwide version.

    Based on customer demands, the Marketplace is now officially ready and features more wholesale suppliers, [...]

  • admin wrote a new blog post: Axa Real Estate fund raises €350m to provide debt to commercial property   7 years, 9 months ago

    As reported by David Doyle of Property Week

    Axa Real Estate Investment Management has raised €350m for a fund that will provide commercial debt to property as it moves to take advantage of the banks’ “very limited capacity to act.”

    In the first closing of the Commercial Real Estate Senior 1 fund, the fund manager said it [...]

  • admin wrote a new blog post: Irish couple owe €800m to banks after property spending spree   7 years, 9 months ago

    First seen in the Guardian
    Brian and Mary Pat O’Donnell say Bank of Ireland is trying to make them sell a prime London asset without legal entitlement

    A lawyer and his doctor wife who blazed a trail through Ireland’s property boom on the back of colossal credit – buying up several London trophy buildings on the way [...]

  • admin wrote a new blog post: More business in insolvencies in 2011?   7 years, 9 months ago

    According to the Finance News web site, research suggests, that UK firms are to see serious financial difficulties more than any time in the last two years.
    In the last three months of 2010 , almost 148,000 firms faced serious financial problems and it is suggested that Government cuts are making the problem worse. The report [...]

  • admin wrote a new blog post: HMRC sends in debt collectors over unpaid taxes   7 years, 9 months ago

    HMRC, the UK’s Revenue & Customs department is set debt collection firms loose on wayward and late taxpayers to haul in up to £1.5 billion of unpaid taxes and other money owed as an extension of the plans it releases late last year.

    The purge will see the debt collection agencies used to bring in an [...]

  • admin wrote a new blog post: Broadband advertising shake-up could end ’up to’ packages   7 years, 9 months ago

    As the Advertising Standards Authority is set to launch a public consultation of broadband advertising, new rules look set to be introduced
    As reported on the Telegraph newsite

    By Matt Warman, Consumer Technology Editor 7:00AM GMT 25 Jan 2011

    Advertising watchdog the Advertising Standards Authority is set this week to open its consultation on broadband advertising to the [...]

  • admin wrote a new blog post: Businesses crack down on big debts and late payers   7 years, 9 months ago

    Lovetts PL, the debt recovery law firm,  has revealed that despite companies still wanting to preserve good relations with their clients, they are hitting late payers with the threat of legal action much sooner than anytime previously in the past year as positive cash flow continues to be a priority.

    In the last quarter of [...]

  • admin wrote a new blog post: Hoover to invest £1m in promoting new kitchen range   7 years, 9 months ago

    Appliance brand Hoover is set to invest £1 million in a promotional campaign to promote its new range of kitchen products.

    The advertising campaign will begin in May and run for the rest of the year, featuring a series of inspirational lifestyle images of modern kitchens, and will also demonstrate the company’s range of built-in and [...]

  • admin wrote a new blog post: Premier League & HMRC in talks over payments for players’ image rights   7 years, 10 months ago

    The Premier League is in talks with Her Majesty’s Revenue and Customs over a new system to tighten the regulations surrounding the controversial payment of image rights to players.
    Clubs remunerate players by making payments into offshore companies that are not subject to the usual income tax rates, in addition to paying them their basic salary.

    The [...]

  • admin wrote a new blog post: Your new Facebook friend, The Debt Collector   7 years, 11 months ago

    Another lesson in social networking in not confirming friend requests from people whom you don’t know, as one click and you could expose yourself to someone who is very much not your friend, namely a debt collection agency.

    Many have found themselves accepting friend requests from someone they’re not sure they know, or think they might [...]

  • admin wrote a new blog post: Hackers target Royal Engagement news   8 years ago

    Hackers have targeted the engagement news for Prince William and Kate Middleton via online channels using ‘poisoned’ search engine optimisation techniques to subvert news results related to the announcement.

    Whilst the media bombardment may have become tiresome for many, the news nonetheless is of global interest and those searching Google and the likes for ‘news’ updates [...]

  • admin wrote a new blog post: Howdens Joinery goes live with SAP ERP   8 years ago

    Howdens Joinery, the UK based trade supplier of kitchens has gone live with SAP ERP within its manufacturing plants to control its manufacturing process, improve business efficiencies and to provide an enhanced platform from which to implement growth.

    The first stage of the implementation project was the rollout of SAP at one of the factories in [...]

  • admin wrote a new blog post: Lovetts launches debt recovery services for EU and USA firms   8 years ago

    Lovetts Plc, regarded as one of the UK’s leading commercial debt recovery firms has recently announced it plans of expanding its debt recovery services for overseas customers.

    The ambitious plans consist of the launching of 6 new multi-lingual websites for businesses operating in the not just the US, but Euro nations including Germany, France, the Republic [...]

  • admin wrote a new blog post: Small Business Finance Update   8 years ago

    An invoice finance firm has reported that the industry has seen a vast surge in demand for invoice finance products.

    Close Invoice Finance said small to medium sized firms in need of finance had seen the sme finance market dry up but although many firms were turned down for bank funding, lending figures for the invoice [...]

  • admin wrote a new blog post: US Chamber of Commerce and Obama’s Health Bill   8 years ago

    Staff writer T.W. Farnam for the Washington post recently said that the U.S. Chamber of Commerce had astonished even the most jaded Washington-watchers last year when it reported spending nearly $150 million on lobbying.

    The figure had unequivocally obliterated all previous lobbying spend records and cemented the chamber’s reputation as Capitol Hill’s most formidable lobbying force. [...]

  • admin wrote a new blog post: PayDay Loan fraud no longer pursued   8 years ago

    Recent reports state that the victims of the PayDay Loan fraud who were facing demands for the repayment of payday loans  they hadnt taken out, will no longer be pursued by debt collectors. It is believed that nearly 10,000 UK residents had been sent letters from Help Loan, a Finnish-based  payday loan firm run [...]

  • admin wrote a new blog post: new search engine, Blekko takes off   8 years ago

    Providing prospective clients with valuable information may become just as vital to B2B search engine optimization as keyword strategy, should a new search engine developed by Blekko take off.

    Reuters reported that Blekko, a new tech startup based out of Silicon Valley, is planning to release a search engine that uses actual [...]

  • admin wrote a new blog post: Devil in the detail on public sector contracts   8 years ago

    SME recruitment firms have been urged to scrutinise public sector contracts carefully and consult their peers before bidding for work, according to Liz Longman, UK director of independent recruiters’ network The Employment Agencies Movement (TEAM).

    Longman’s comments follow the government announcement this week at a small business summit at the Department [...]

  • admin wrote a new blog post: Aldermore Invoice Finance   8 years ago

    Dataplex Systems, a Manchester-based IT consultancy, is planning a recruitment drive after securing a £1.3m from Aldermore Invoice Finance.

    The company recorded a turnover of £14m last year along with sister business DSA, before the two companies merged earlier this year. Dataplex will use the money to recruit new consultants and widen its [...]

  • admin wrote a new blog post: Ultimate Finance purchase of Ashley Commercial Finance   8 years ago

    The Bristol based invoice finance company, Ultimate Finance has completed it purchase of Ashley Commercial Finance.

    AIM-listed Ultimate Finance – which provides finance to small and medium-sized businesses – acquired the whole of the issued share capital of SME invoice discounting and factoring firm Ashley for an initial consideration of £4.75m. It has [...]

  • admin wrote a new blog post: Newcastle Marketing agency placed into liquidation   8 years, 1 month ago

    CREATIVE and marketing agency the bgroup has gone into liquidation saying the recent tightening of the public purse strings starved it of work.

    Si Bales, who established the Newcastle-based business ten years ago, says she decided to take the company into voluntary liquidation in the face of plummeting revenues. But its sister company bdaily [...]

  • admin wrote a new blog post: Firm gets Formal Warning From Lloyds on Debt   8 years, 1 month ago

    Targetfollow Estate Ltd the property developer that owns London’s Centre Point tower, is in talks with distressed investment specialists after receiving a formal warning from Lloyds Banking Group Plc that it could put the company into receivership, the London-based Times reported.

    The bank may have arranged for Deloitte to act as administrator if a solution to [...]

  • admin wrote a new blog post: Hedge Fund Crackdown May Snare European Real Estate Investors   8 years, 1 month ago

    Europe’s commercial real estate owners, saddled with 1.9 trillion euros ($2.5 trillion) of debt, may be forced to make billions of euros in cash payments under planned laws that would treat them like hedge funds.
    By Chris Bourke of Bloomberg
    Property fund managers could face demands for cash collateral to cover bets on interest-rate movements, under [...]

  • admin wrote a new blog post: Finance Company blocks Pre-pack Administration   8 years, 1 month ago

    A businessman has hit out after moves by an invoice finance company pushed his firm into administration.

    Brian Moore ran laundry company Smart and Kleen at the Whitehouse Enterprise Centre in Benwell, Newcastle.

    But the company was forced to close last December with the loss of 16 jobs after its bankers demanded £9,000 when it was [...]