Business Finance Bulletin Episode 85: Late Payment Consultation, Mobile Payments, Crowdfunding, and Finance Preparation
In this episode of the Business Finance Bulletin Rob Warlow from Business Loan Services reviews the government’s latest moves to curb late payment by launching a consultation paper on the creation of the proposed conciliation service.
Late payment often affects the small time trades sector who can get caught by having to wait many weeks when customers don’t have sufficient cash with them to settle bills. Rob looks at new mobile payment service designed to combat this problem.
Turning to crowdfunding, Rob has news of initiatives brought out by ReBuildingSociety and Funding Circle to boost awareness and usage by both businesses and investors.
And in the Business Finance Tip of the Week Rob shares a salutary lesson about being prepared when it comes to raising finance.
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