To open our latest Bulletin, news of how businesses involved in sustainable activities can now benefit from a tailored finance solution offered by Barclays Bank. The Green Trade Loan is aimed at supporting environmentally-focused businesses in need of working capital.
Turning to more sobering news, we review first quarter figures released by The Insolvency Service on the number of businesses entering insolvency arrangements. Unfortunately, the statistics show an increase compared to the first quarter of 2017.
To close this Bulletin, interesting findings from Xero, the online accounting software provider, and the FSB about late payment experience among its clients and members. If you undertake work with larger businesses or public sector, you are more likely to get hit by delayed payments.