Credit Industry News from CCR

This Week's News - 6 June 2014 Government urged to be clearer on late payment issue The ICM says that it is disappointed that the Department for Business, Innovation and Skills (BIS) has once again ‘ducked the issue’ regarding the rights of business to challenge ‘grossly unfair’ terms by failing to define what grossly unfair terms might be. Responding to BIS’ response to the Building a Responsible Payment Culture consultation published today, Philip King, Chief Executive of the ICM, says the Government is right not to be setting a maximum payment term of 30 days (outside of the public sector) but wrong not to be clearer on when such terms are unfair: “What is critical is the certainty of payment... Read more here... Booking for CCR-interactive 2014 is now open! Now in its 8th year, the event will again feature the key elements that have made it such a success. So book before the extended deadline of 30 June to claim your Early-Bird Discount. To book your place, please contact Alison on 01702 341948 or atalison@ccrmagazine.co.uk. Or to be a part of the day, contact Gary on 07785 268404 or gary@ccrmagazine.co.uk. ♦ More than 11% of English league football clubs facing ‘severe financial pressure’ as season ends In the first season in which football clubs’ accounts have come under the scrutiny of the Financial Fair Play rules, the overall health of... ♦ Funding for Lending Scheme – 2014 Q1 Usage and Lending data The Bank has published data on the use of the Funding for Lending Scheme (FLS) showing, for each group participating in the FLS Extension, the net quarterly flows of lending to UK businesses... ♦ Should The Police Be Working With Bailiffs? (CCR-PS APP) On 6 April, new regulations were introduced on bailff reform, and time alone will tell whether or not the regulations go far enough to 'curb aggressive bailiffs'. In the December edition of CCR-PS, I wrote... ♦ BBA Q1 2014 SME lending statistics Commenting on the publication of the Bank of England’s Q1 Funding for Lending Scheme statistics and the BBA’s latest figures on lending to SMEs, BBA Chief Economist Richard Woolhouse said: “Funding... ♦ Managing And Motivating The Credit Control Team (CCR WorldAPP) During the 20 plus years that i have been involved with the managing of credit control teams, there have definitely been some challenges along the way. In my first role as a credit manager... ♦ New advice on preventing nuisance calls Consumers now have easier access to information about preventing and dealing with nuisance calls and messages, following the launch of new consumer guides from Ofcom... ♦ Discussion paper on securitisation and credit data The Bank is today publishing two Discussion Papers, one in conjunction with the European Central Bank on the securitisation market, and the second on improving the availability of credit data. Both of... ♦ Using The 'Fraud Hub' To Fight Tenancy Fraud (CCR-PS APP) ♦ ICM UK Credit Managers' Index sees highest score yet as recovery continues ♦ Lending for SMEs contracts again, but the FLS has lessened the issue ♦ FCA says logbook lenders must raise standards ♦ Swedish Consumer Confidence Down (CCR World APP) ♦ Hometrack housing survey indicates start of a slowdown in house price growth ♦ One year after FSA’s dissolution, how are the PRA and FCA doing? ♦ Do you have double compliance standards? ♦ Local Government Running Surplusses (CCR-PS APP) ♦ “Hot, bright and soft spots -Who could make or break global growth? ♦ FCA calls on insurance intermediaries to better manage conflicts of interest ♦ Help to Buy effect is muted on basis of numbers, says CML ♦ Public Pay Falls As Private Pay Rises (CCR-PS APP) ♦ First-time buyer lending in London up on same period last year by 29% ♦ House purchase lending in Scotland up 23% in first quarter ♦ First-time buyers in Wales up 30% in first quarter ♦ First-time buyers in Northern Ireland up 33% in quarter one ♦ Latest Changes To National Standards (CCR-PS APP) ♦ More multi-million pound carbon credit companies are shut down ♦ CFA comments on the Archbishop of Canterbury’s pilot credit union scheme ♦ Increasing use of trade credit insurance to protect against risks ♦ Administrators Harrisons call time on R Bennett & Co Ltd ♦ Bailiff Regulation: A Missed Opportunity? (CCR-PS APP) ♦ Underprepared and out of pocket: buyers face financial squeeze if rates rise ♦ New debt report exposes Scotland’s personal insolvency ‘hotspots’ ♦ Speed Of Processing Benefit Claims (CCR-PS APP) ♦ Welcome boost in UK car manufacturing ♦ Forum encourages employers to plan ahead of World Cup mania ♦ Facing Our Challenges (CCR-PS APP) This Week's Appointments And Updates ♦ John Paton joins Opos Limited ♦ Cabot Credit Management announces results for 3 months ending 31 March ♦ CSA appoints Lord Chandos as new Independent Director ♦ CSA shortlisted for Trade Association of the Year Award ♦ Lovetts appoints Ben Millward as paralegal to enhance recovery success ♦ Equifax provides 8,000 free statutory credit reports ♦ arvato positioned as a leader for finance and accounting BPO ♦ CSA Plans Workshops to Help Businesses Prepare for FCA Authorisation ♦ G4S Investigation Solutions selects Equifax Insurance Insights ♦ Experian announces details of its 9th International Telecom Forum 2014 ♦ Graydon comment on Queen's Speech ♦ Equifax and iovation provide CRAs insight into emerging innovations ♦ Experian responds to announcement to impose restrictions on mortgages ♦ Financial instrument strategy can unlock working capital for UK plc ♦ West One Loans comment on BBA High Street Banking statistics ♦ New chair for the Co-operative Bank’s Values and Ethics Committee ♦ The Cambridge bolsters team with new head of risk ♦ Ukash partners with beCharge ♦ eTech appoints Mark Blackwell ♦ New director for Cerberus Group in Leeds ♦ Pepper builds new loan origination system with BancTec ♦ TMA rebrands and relaunches proposition ♦ ASTL reveals 83% increase in bridging applications ♦ Aldermore provide £1.8m to Deeside-based drivers employment agency ♦ Recruitment entrepreneur goes from strength to strength with bank support ♦ Aldermore joins the Association of Short Term Lenders

CCR Apps CCR has launched Apps for its three magazines. So, to read the magazines on your iPad oriPhone, either go to this linkto see the official iTunes Preview for CCR.   Credit Collections & Risk Find Out More Here   CCR-PublicSector Find Out More Here   CCR World - Winter Find Out More Here

Page posted "By Mike Armstrong"

Business Loans & Funding!

Announcing Message Delivery Info, lower prices in Europe and SMS-enabled mobile numbers in Ireland JUNE EDITION VIEW WEBSITE ONLINE What does it take to get your small business to the next level? Government grants, loans and financial assistance? The UK government is here to help and support its small business owners and entrepreneurs. Government provided funding is available if you fit the criteria for your small business in the form of grants, loans and financial assistance. Take one minute right now to find out whether your small business in the UK may be eligible for any programmes. The Funding Finder search tool will help you determine which funding programmes you may be eligible for, along with the potential funding amount averages. Give it a shot and see if you can take your UK small business to the next level of success. Try the Funding Finder Search Now » Applying for small government loans and business grants Although it is understandable that most small business owners seekinbg government funding, financing, or non-monetary assistance will shoot for the best possible results, it is vital to understand that sometimes strategy may be called for if you want to be approved... Read Full Article » Choosing the best funding type for your UK small business Expand your knowledge of the types of funding schemes available and make informed decisions to fund your UK business. View the types of funding schemes to determine which category of the listed funding programme types could best address the needs of your small... View Avaioilable Programme Types » £200,000 in government grants for Northern Ireland waste company [Video Success Story] - Watch Nishi Ward, Managing Director of Waste Systems Ltd, in County Tyrone, Northern Ireland explain how  £200,000 in grants from Invest NI went towards extensive R&D, hiring key personnel and export marketing. Watch Now » £1,000 UK government grant helps small business grow up [Success Story] - A £1,000 UK government grant helped small business owner and entrepreneur Nina Ladher, with the process of starting a small business of her own in 2014. With the helpo of government funding, she started Simba Farms to... Read Full Story » KEEP SENDING IN YOUR QUESTIONS TO GET EXPERT FUNDING ANSWERS Are there different types of British government small business grants to apply to get money from? British government grants for small business use is provided at the local, regional and national level by their respective agencies and divisions. There are grants for people starting a new small business to help with start up costs, and there are also British government... Read Full Answer » What do you need to be eligible for women and minorities to apply for national government grants? When applying to national government grants for women and miniorities in the UK, the applicant genuinely should be, obviously, be counted amongs recognized minorities groups, including women and ethnic minorities. Aside from the rudimentary qualifications for some... Read Full Answer » Get engaged with the funding search and take the first step to finding funding Use our Funding Finder search engine right now to discover funding programmes for your UK small business. The search process is simple; answer 7 quick and easy questions and potential funding programmes you may be eligible for will be displayed to you right away          Posted "By Mike Armstrong" - www.thevoiceofsocialmedia.wordpress.com

Credit Industry News

This Week's News - 25 April 2014 Late payment remains a concern for SMEs despite improving economy In the organisation’s latest banking and finance survey, 23% of members reported an increase in late payment over the past year compared with just 3% who reported a decrease. 29% have also seen an increase in the average number of days beyond the deadline that a payment is made late whilst 8% reported a decrease, and 19% have seen an increase in both elements of late payment. While the improving economic situation means the number of businesses seeing late payment as a serious problem has remained static... Read more here... Booking for CCR-interactive 2014 is now open! Now in its 8th year, the event will again feature the key elements that have made it such a success. So book before 31 May to claim yourEarly-Bird Discount. To book your place, please contact Alison on 01702 341948 or atalison@ccrmagazine.co.uk. Or for more details on how you can be a part of the day, contact Gary on 07785 268404 or gary@ccrmagazine.co.uk. ♦ New payment charter will increase lending to construction firms A new Payment Charter from the Construction Leadership Council (CLC), designed to improve payment practices, will also increase the appetite of lenders to lend to construction businesses, according to a... ♦ Rhetoric on disqualification welcome, but it doesn’t match record Responding to the Government’s announcement on director disqualification, Giles Frampton, vice-president of insolvency trade body R3 says: “We’re very pleased to see action... ♦ DWP Criticised For Statistics Use (CCR-PS APP) MPs have criticised the Department For Work And Pensions for a series of rule breaches in which official statistics were used to inaccurately, inappropriately, or to 'spin' stories about benefit claimants.. ♦ ‘Reform’ could cost creditors more than £150m per year Creditors face losing more than £150m per year if the Government follows through with plans to end an exemption for insolvency litigation from the ‘Jackson’ legal aid reforms, warns an independent report... ♦ G20 Vow To Boost World Growth (CCR World APP) The world's largest economies have vowed to boost world growth by increasing investment and increasing employment, while agreeing to more transparency about monetary policy, after rifts over.. ♦ 97% increase in Court Fees - a government ‘own goal’ This week, the Government has confirmed the implementation of its planned increase in Court Fees following a consultation process at the start of the year.  With just 4 week’s notice, many businesses will face... ♦ Drive for new Construction Payment Charter The Institute of Credit Management (ICM) is playing a lead role in delivering a new Construction Supply Chain Payment Charter that obliges signatories to adhere to 11 new ‘Fair Payment Commitments’... ♦ Camden Council Rolls Out New Data Platform (CCR-PS APP) ♦ Do organisations need more data? ♦ Midlands joins the South with increasing numbers of higher-priced homes coming to the market ♦ Commitment To Safer Payments (CCR World APP) ♦ Life outside London - What's the market like if we ignore the Capital? ♦ Retailers create new jobs as confidence grows ♦ Reference Files For Enforcement (CCR-PS APP) ♦ "Expect BoE to raise base rate early next year" ♦ Modest progress, but reducing budget deficit remains difficult ♦ War Of Worlds On Worcester Debt (CCR-PS APP) ♦ Mortgage valuations down in March ahead of new affordability rules ♦ BSA: common sense is the key to successful MMR implementation ♦ Businesses urged to maximise export opportunities ♦ Improvement In Jobs? (CCR-PS APP) ♦ UK mortgage lending continues strong year-on-year growth ♦ Landlords remortgage ahead of potential rate rises ♦ Lender/intermediary "Working Together" guide updated for MMR ♦ Court Case For Former Advisor (CCR-PS APP) ♦ Reaction: Labour to move from Co-op Bank to The Unity Trust Bank ♦ Changes to parental leave should not be taken lightly by employers warns Forum ♦ BBA Comment on BofE Agents’ Summary of Business Conditions This Week's Appointments And Updates ♦ Lowell Group shortlisted for national digital customer experience awards ♦ Inside Sales organisations can rapidly improve sales results with Noble® for Sales Cloud Fast Start ♦ Whyte & Co achieves new accreditation in dealing with vulnerability ♦ CSA shortlisted in MemCom Awards ♦ Commercial Bank of Qatar adopts Experian’s PowerCurve™ Strategy Manager ♦ Lowell Group creates 60 new jobs and moves to bigger offices ♦ Exporters should expect to deal with overseas debt Lovetts warns businesses ♦ Emma Wilson joins Hoist Finance UK (HFUK) as head of operations ♦ Payments innovator receives fourth consecutive Queen’s award ♦ Keystone Buy to Let Mortgages reduces fixed rates ♦ FCA appoints two new senior advisers focused on competition and investment banking ♦ Paym launch - expert comment from FICO ♦ Watts Bridging Finance joins the ASTL

LACEF Annual Public Sector Conference 13 May, Leicester This outstanding event for collections and revenues management teams in the public sector will feature networking opportunities and presentations from the most respected public sector figures. Free to LACEF members and qualifying revenues, finance, enforcement & collections professionals working in the public sector. Find out more here To find out how you can be a part of this event, contactGary Lucas. To book your place, please contact Alison Lucas.     CCR Apps CCR has launched Apps for its three magazines. So, to read the magazines on your iPad oriPhone, either go to this linkto see the official iTunes Preview for CCR.   Credit Collections & Risk Find Out More Here   CCR-PublicSector Find Out More Here   CCR World - Winter Find Out More Here

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