Much has been made in recent years of the north south divide and the various political parties plans to spread prosperity to all Britain’s regions after warnings that economic activity is becoming ever more concentrated in London and the South-East. But is it having any impact or is the South still fuelling the UK economy?
The region has a thriving business community. The latest statistics and forecasts are really encouraging for the region with both economic and employment levels predicting strong growth over the next few years.
On current trends, the two most prosperous regions – London and the South East - would account for 40% of national output by the end of the next par...
An important legislative change is about to happen which will hopefully enable greater access to invoice finance. A draft Statutory Instrument under section 1 of the Small Business, Enterprise and Employment Act 2015 has been placed before Parliament for approval which contains new Regulations to nullify the effect of restrictive terms in B2B contracts that can limit access to finance for small businesses.
Since the credit crisis, the Government has been keen to encourage the alternative finance market, including asset-based finance, for SME’s. Following extensive consultation, the new measures will enable businesses, particularly smaller businesses lower down the supply chain, to access wide...
Advantedge Commercial Finance Ltd (Advantedge) have announced today that they have completed the acquisition of the Newport based, Henry Howard Cashflow Finance business.
The acquisition marks the completion of another exciting initiative for Advantedge. The addition of the Henry Howard Cashflow Finance business into Advantedge is an important milestone in their ambitious plans. A series of strategic initiatives last year, saw a successful MBO supported by Mobeus Equity Partners, a rebrand and an investment in people and client service network with centres being opened in Glasgow and The Midlands.
David Tilling, CEO of Advantedge says: “We are delighted to have acquired Henry Howa...
So what role is Advantedge playing in supporting the Northern Powerhouse?
We believe in putting our clients at the heart of everything we do. Advantedge are investing in increasing our local network to bring a full range of fast and flexible cashflow solutions closer to those businesses looking for funds. Our clients deal with real people and have access to dedicated client managers and local decision makers as well as having access to directors who remain involved in the business to ensure we deliver responsive decisions. We believe in quality and strive to do things well. Our credit control solution focuses on the full ledger not just the greatest exposure ensuring we really d...
The Northern Powerhouse continues to be held up as a driver of economic growth but how strong is the pedestal that they media headlines put us on?
In my opinion we need to understand where our growth is coming from and what could hinder that growth.
If we look at growth firstly, latest economic growth figures show that since the Northern Powerhouse was launched in 2014, it has outstripped many of its rivals including that of Greater London. With Greater Manchester grabbing the top spot with a 6.8% growth, followed by West Yorkshire at 6.1% and Sheffield at 5% compared to Greater London at 4.6%.
However, what we see is the level of growth varies dependent on the industry...
“Uncertainty” is a word we are all reading a lot lately in the financial and business press. Which is unsurprising, when you look at the reasons why. Who could have foreseen the impact a single TV series would have on the plastics industry? Or how consumers would turn against diesel engines after the Volkswagen scandal? Not to mention what’s currently happening up and down the high street with the Landlords CVA seemingly the latest “must have” product. The knock-on effects of these issues will be felt across a wide range of sectors, as time goes on.
Advantedge Commercial Finance (Advantedge), a leading invoice finance provider, has appointed Emma Roberts as Regional Sales Manager for their southern region. Emma will be responsible for developing Advantedges’ presence in the region as the firm pursues a geographical expansion strategy following a successful MBO in 2016.
Advantedge Commercial Finance (Advantedge), a leading invoice finance provider, has appointed Paul Stokes as its Regional Director - Midlands. Stokes will be responsible for developing Advantedges’ presence in the Midlands region as the firm pursues a geographical expansion strategy following a successful MBO in 2016.
Paul’s mission will be to establish a Midlands based client operational centre, building upon the firms existing successful operations in the Thames Valley, Manchester and Glasgow as the firm continues to focus on being close to their clients.
We’re delighted to have been awarded Business Introducers Champion of the Year at Business Money’s Receivables Finance Awards in London last night. The award is extra special because it is voted for by Commercial Finance professionals who work tirelessly on behalf of their clients to find a funder who provides finance facilities to support the growth of their clients. The award is a testimony to the team here at Advantedge who are committed to providing a market leading service to both our clients and their financial advisors. A huge well done to the whole team.