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あらすじ・解説
In this episode we look at the collapse of major UK Constructiion Company ISG and the effect that will have on their subcontractors, many of whom will take a financial hit.
We discuss financial products thatr can help to mitigate this risk, such as Construction Factoring and Bad Debt Protection.
We look at the UK Government announcement that they will be taking measures to address late payments. This is a massive problem for UK SME's and a huge barrier to growth. We look at credit searches and credit insuranance.
We then look at an invoice factoring lenders confidence tracker, which surveys over 1000 businesses, again bad debt and late payments are the hot topics.
Finally we look at a case study where Elliott, one of our experienced broker provided our client a £100k unsecured loan, alongside a £30k revolving credit facility.
Enjoy the episode and if you have any questions, contact us here www.thebestgroup.co.uk
Thanks you for listening!