Despite the economic downturn and bailing out of finance houses by the Government, finance houses are still filling their bonus pots rather than helping small companies. Where finance houses do lend to small companies they seem to be setting high rates of interest, which could well put a lot of small companies off. [...]

Continue reading " Banks Still Pour Money Into Their Bonus Pots, But Refuse To Lend Money To Small Enterprises At Reasonable Rates. "

Consumer debt per American citizen is around $8300. Remember that this is an incredibly huge sum specially keeping in head that this does not include mortgages. With mortgages included the sum would be more than staggering. This is why you so seriously need a debt analyzer. To understand your current position, you need to figure [...]

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The financial turmoil that has hit some European countries such as Greece, Spain and Portugal, where they have seen their economies suffer and almost faced bankruptcy, only to be saved, almost at the eleventh hour, by other eurzone countries, has caused much concern in the money markets. While the UL economy has large debts, [...]

Continue reading " The Euro Bailout And Its Effect On Confidence In Enterprises Could Hurt Small Enterprises Looking To Get Finance. "

The poor financial climate has brought many issues to companies, large and small, but when a small, business is left waiting for a large business to pay an overdue bill, then to see finance houses posting large profits and paying out bonuses, but refusing to extend overdrafts must be hard to accept. If the [...]

Continue reading " A Small Organisation Has An Overdue Invoice With A Large Organisation And Needs Finance, But Banks Make Big Profits But Still Won’t Lend To Small Businesses, So What Is Left? "

When a small company is faced with their first overdue account for jobs they have done or goods they have sold to a large company, they could wonder why now the large company has not paid on time as usual. Obviously their first step should be to get hold of their normal contact in [...]

Continue reading " Exploring The Options For A Small Firm Looking To Get The Latest Account, Which Is Now Overdue, Paid By A Large Firm. "

This situation is serious in itself, but it is surely made worse by the fact that the banks are reluctant to offer financial assistance to businesses, so any small business is facing a double whammy on the finance front of bills not being paid and financial support facilities being turned down. The first move [...]

Continue reading " Late Payment Has Been One Of The Toughest Challenges The Economic Climate Has Thrown At UK Companies, As Customers Delay Settling Bills To Support Weakened Cash Positions. "

The final date for European finance houses to repay the loans which they were granted a year ago is getting close and global investors are rather uneasy at what will take place when the European finance houses apply for new loans. Last year the loans were given at low interest rates to help during [...]

Continue reading " Shares Have Slumped On European Bank Fears So Will This Affect A Large Firm That Has An Overdue Invoice To Pay From A Small Firm? "