Of the many challenges facing small businesses in these tough economic times, one of the biggest is lack of cash, and one of the main causes of this is late or non-payment of invoices due them. According to data collected by the independent invoice financier Bibby Financial Services, the size of the problem has doubled […]
Tag: SME financing
SME’s still losing confidence in financing options
The Federation of Small Businesses (FSB) has stated that the reason that many SME’s are now suffering due to a lack of financing options, tough domestic conditions, and weak customer demand. Their new ‘Voice of Small Business’ index revealed that firms are now less confident in the third quarter despite the fact that the government […]