Late Payment Call Out, Starling and FreeAgent Partnership and Asset Finance Sector Volumes – BFB 253
It has taken a while since the formation of the Small Business Commissioner office for them to name and shame a late payment offender, but the Commissioner has finally called out a well-known name. With the Commissioner’s focus on tackling late payment, will naming and shaming have an impact on other offenders?
Administrative tasks are not the favoured part of running a business. We look at the announcement from mobile-only bank Starling of its link up with cloud-based accounting package provider FreeAgent, which will reduce admin time and help with speedy production of Management Accounts.
To wrap up, our monthly look at activity in the Asset Finance sector with a mixed bag of results reflecting the degree of uncertainty which many business owners are currently feeling.