Small Business Banking Review, Dynamic Discounting, Asset Finance – BFB Epsd 122
In this Business Finance Bulletin, we have review of the proposals coming out of the Competition and Markets Authority report on how banks can improve services provided to its small business customers. The proposals range from enhanced transparency and the creation of a pricing comparison website.
We look at a survey which reveals how procurement managers are tackling late payment by using dynamic discounting to encourage faster payments or even payment up front. We share one way you can take advantage of this strategy.
Latest statistics from the Finance and Leasing Association show strong growth in the asset finance sector which as we report, put the banks to shame.
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