Insolvencies – The UK goes broke
The UK public goes broke. It’s true; the UK public are suffering. There are people who can’t heat their homes this winter. The cost-of-living crisis can be felt, and seen across the nation. In just one year, shopping prices have risen by a massive 9.6% (vs Oct 2022). And yet, wages do not reflect this […]
Seasonal Vibes
Tis the season to be jolly… no, not quite yet. But it is approaching. And even though this year seems to have skipped the summer season we cannot stop the rest of the year rolling around. The winter season is, for obvious reasons, retailers’ busiest season (apart from December 27th which is known across the […]
Is Lack of Funding Preventing Your Startup from Scaling Up?
Photo by Felix Mittermeier from Pexels There’s enough doom and gloom in our newsfeeds already – you don’t need us to tell you it’s been a tough year. Nor do you need us to tell you that, for the moment at least, it isn’t getting less tough, either socially or financially. Speaking of the future, though, we believe […]
Would Your Business Survive a Second Wave of COVID-19?
Whenever we sit down to write this blog, the desire to avoid writing about the obvious is strong. The reality is, as much as we want to pretend it’s business as usual, it isn’t. We need to be having conversations about how this pandemic is affecting us all in our daily lives so we can […]
Financing Family Business Growth
At Partnership Invoice Finance, we often find that Limited company family businesses will more than likely have initially been financed through loans from family shareholders and sometimes a small startup loan or overdraft facility. Though funding in recent years has been more freely available, businesses often still run into blocks in the road when it comes […]
Naming and Shaming Late Invoice Payers – It Is the Answer?
Late payment is one of the most common causes of cash flow difficulties, and as such is a significant contributor to business failure. Despite most business owners being fully aware of the hardship that can result from withholding payment for invoices, through intention or otherwise almost a third of all invoices in the UK are […]
How Can Invoice Finance Help Startups Avoid Failure in 2020?
2019 was a record year for startups, with almost 700,000 new businesses launched in the UK. This stat was up 2.8% from the year before, and a similar growth trajectory was expected for 2020, though of course we now have the coronavirus curveball that has left the business world in a spin, making it difficult to […]
Why SMEs Need Invoice Finance As Part of Their Coronavirus Recovery Kit
At Partnership Invoice Finance, we are proud to say that we have continued to offer invoice finance and support to existing and new clients throughout the pandemic. We remain committed to helping to sustain the cash flow of SMEs and our economy as businesses start to return or ramp up their trade as lockdown levels […]
Antivirus: How to Keep Your Business Safe from COVID-19
Remember when we thought the biggest thing to happen to the UK’s business landscape in 2020 would be our long-awaited departure from the EU? Yes, that minor event finally happened in January, but soon felt like a distant insignificance as the B-word was all but erased from the media’s vocabulary, replaced by the C-word. Coronavirus’ […]
How to Protect Your Small Business From Invoice Fraud
Invoice fraud is on the increase, and this surge in crime statistics shows no sign of abating. Businesses of all shapes and sizes are at risk of invoice and mandate fraud, and research shows that SMEs are the most affected, but the least protected. A staggering four in ten small businesses are not aware of […]
