The Cash flow News Weekly!

Happy Monday everyone!  To help fight the Monday blues we have another Cashflow News Weekly for all our wonderful readers.  This week great news for small businesses! Scotland Bibby Financial Services – Invoice Finance company, with offices across the UK and internationally, reports increased lending by 40% for Scottish businesses over the last 12 months. BFS has lent over £25m to small Scottish companies. Why you might be asking yourselves?  Well, the company aims to offer small businesses improved cash flow and support within their ambitions to expand! But wait, there’s more great news! Bibby Financial Services have also … Continue reading

The Cash flow News Weekly!

This week for Simply Cashflow’s News Weekly were feeling very international bringing all you lovely folk cashflow news from around the globe! Australia Being in business we all know that cashflow can be a challenge and the sports sector is no different.  In the news this week Australian Rugby has reported declining cashflow – crikey mate! The slump in cashflow comes from a lack of funds, which were available during the games golden period, but are no longer around as shown by last year’s reduction in match fees. But don’t be too worried just yet!  … Continue reading

What Award Winning Bibby Financial Services Had To Say….

In 2013 Bibby Financial Services was awarded, for the sixth consecutive year, the NACFB award for Best Factor and Invoice Discounter so I was pleased to meet up with Graeme Scougall, Associate Director of Bibby Factors Scotland Limited to talk to him about his thoughts on financing in the UK now and the role invoice finance firms like his own. I asked him: Q:  Even though positivity is returning to the UK market, what challenges are businesses now facing? A:  Despite this increasing positivity, small and medium sized businesses still face a number of challenges, … Continue reading

Featured Blog: Invoice Finance – The Best Kept Cashflow Secret

Invoice Finance can play a big part in helping manage your Cash Flow and will definitely make forecasting much more predictable.  I recently spoke with Glenn Blackman who is the Managing Director of Cashflow Acceleration Limited and he shared this with me: Invoice Finance is a simple working capital finance solution that releases the money that is normally tied up in unpaid sales invoices. When you raise an invoice on credit terms the invoice finance company gives you most of the value of that invoice immediately bridging the gap until your customer pays and you … Continue reading

Simply Cashflow Special: Detroit

A few weeks ago we reported on Detroit and its cash flow issues (read our original report here). The city – the most populous in the state of Michigan – had been overspending by over $100 million per year, leaving it with $18 billion of debt. Detroit was once a symbol of the sheer power of US industry, and was known as the world’s automotive centre – earning it the nicknames “Motor City” and “City of Champions.” The city’s auto industry even played its part in World War II, supporting the Allied powers. However, between … Continue reading