News

News

Friday 16 October 2015

Aldermore Invoice Finance announces redundancies

Listed challenger bank Aldermore is set to embark on a round of redundancies at its invoice financing arm.

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Wednesday 14 October 2015

Tesco Reduce Supplier Payment Terms

Small businesses supplying to the main supermarket groups have historically turned to invoice finance as a means of accelerating their cashflow; however, long payment terms have meant that finance costs have had an adverse affect on supplier margins. The proposed terms to be adopted by Tesco in 2016 will go some way to ensure that smaller suppliers are able to rely on invoice factoring and invoice discounting as a means of growing their business on a sustainable basis. 

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