Accountants recommend protection against non-payment despite businesses ignoring the potential risk
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Leading Invoice and Asset Based Lender appoints new Business Development Manager
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Venture Structured Finance research outlines appeal of Asset Based Lending
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Nottingham-based transport recruitment specialist Professional Driving Recruitment Services Ltd (PDRS) has topped £1m turnover in just over 20 months after start-up. The company has been benefiting from Venture Finance’s leading Online Factoring service, Venture Factors Direct since its inception in October 2006, which has been key to its consistent growth.
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Tony Cox, the founder of leading asset-based financier Venture Finance, has been awarded the Lifetime Achievement Award at the Asset Based Finance Association’s (ABFA) annual Educational Foundation Awards. This accolade recognises Tony’s significant contribution to the industry.
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Venture Structured Finance has provided electronic equipment specialists, Path Group Plc, with a funding solution to support a management buy out (MBO). With a rival already in negotiations, Venture had to move quickly to develop a creative package that caught the attention of Path’s management team.
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Venture Structured Finance has provided packaging company InterFlex Scotland, part of the InterFlex Group, with a funding solution to support its acquisition of flexographic printer EBR Limited. Already a long-standing client of Venture Structured Finance, InterFlex was provided with the most flexible financing solution quickly to increase its funding line by 100%. Venture, an independent Asset Based Lender completed the transaction in conjunction with private equity house Red Diamond Capital.
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Executive Director Peter Ewen steps into the role.
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Venture survey shows strength of accountants relationship with SMEs.
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Survey findings reveal accountants view poor management and bad debt as major causes of insolvencies.
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Brian Colvill at Venture Trade Finance offers advice to business owners and directors on trade finance success.
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