ArchOver signs up to UK Finance trade body

July 20, 2017 | Marc Shoffman

PEER-TO-PEER secured business loans platform ArchOver has pledged to be the voice of the P2P sector after becoming part of newly-formed financial trade body UK Finance.

ArchOver joined the Asset Based Finance Association (ABFA) last month which has subsequently been merged … Read More

ArchOver among the first P2P firms to join asset finance trade body

June 23, 2017 | Marc Shoffman

PEER-TO-PEER secured business loans platform ArchOver has become one of the first fintech members of the Asset-Based Finance Association (ABFA).

Angus Dent, chief executive of ArchOver, said the platform’s secured lending model made it a natural fit for the invoice … Read More

How rising inflation will impact small businesses

June 16, 2017 | Kathryn Gaw

Everybody knows that rising inflation means an increase in the cost of living. But not everyone realises that the effect on small- and medium-sized enterprises (SMEs) can be much more severe.

Earlier this week, it was announced that the Consumer … Read More

SMEs strained by late council payments

April 24, 2017 | Anna Brunetti

SMALL- and medium-sized enterprises (SMEs) across the UK are suffering from credit constraints because of local councils’ long repayment timeframes, claims new research.

The country’s slowest-paying local councils such as Peterborough and Richmond took on average 36 to 38 days to … Read More

SMEs ditching overdrafts for asset based lending

March 27, 2017 | Marc Shoffman

ASSET-BASED finance is increasingly taking market share from bank overdrafts as a key source of funding for small- and medium-sized enterprises (SMEs), research claims.

Analysis by trade body the Asset Based Finance Association (ABFA) found during 2016 an average £9.5bn … Read More