NAVIGATION
ABFA News
ABFA to be present at the first UK Business Funding Exhibition
23 December 2015
We are pleased to announce that we will be present at the only UK exhibition exclusively focused on business funding and growth support in February.
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The Second EU Factoring and Commercial Finance Summit
21 December 2015
The ABFA are happy to be attending the second EU Factoring and Commercial Finance Summit on Wednesday 27 January and Thursday 28 January in Brussels.
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14 December 2015
Funding to UK and Irish businesses secured against invoices and other assets has hit a record high of £20 billion says the Asset Based Finance Association (ABFA), the body representing the asset based finance industry in the UK and the Republic of Ireland.
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12 October 2015
The EUF’s analysis for the first half of 2015 indicates that the factoring and commercial finance industry has again grown significantly in what is a generally difficult economic climate for the EU28. Data indicates that the turnover grew by over 5% compared to the same period in the previous year, and that the value exceeded €700M.
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UK SMEs owed GBP 67bn in unpaid invoices
21 September 2015
British SMEs* are owed £67.4 billion in unpaid invoices, up 8% from £62.5bn in the last year alone, and 36% from £49.5bn in 2011 as the extent of overdue payments and extended payment times grows, shows research by the Asset Based Finance Association (ABFA), the body representing the asset based finance industry in the UK and the Republic of Ireland.
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20 September 2015
The Low Down with Deirdre Moore, Chairperson of ABFA Ireland and Head of AIB Commercial Finance Limited. Often, the biggest limitation in the growth of a business can be the company’s ability to access finance immediately. In some cases, debtor balances are the company’s biggest asset on the balance sheet.
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4 September 2015
Businesses borrowing against their own hard assets, including inventory, plant and machinery and real estate, is growing rapidly, says the Asset Based Finance Association (ABFA), the body representing the asset based finance industry in the UK and the Republic of Ireland.
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