Association of Alternative Business Finance, Late Payment Regulations, Bank Lending - BFB Epsd 154
By Rob Warlow
With alternative finance becoming an increasing source of finance we kick off this Bulletin podcast with news of the launch of The Association of Alternative Business Finance. Formed by seven players on the alternative business finance scene, the Association is focused on delivering higher standards in the industry. Time is moving closer to government action on late payment. To lessen the prevalence of late payment I take a look at the forthcoming Duty to Report regulations which places an obligation on large businesses to disclose details of their payment practices. Are there signs that business appetite to borrow money from banks is beginning to wane? We examine the latest bank lending figures released by the Bank of England.