Overview of the Credit market To put 2019 in perspective we need to take a look back. In the 3rd quarter 2009, Credit Insurance losses on failed businesses peaked at £89m for the UK. This was the delayed effect of 2008’s bubble bursting and set a new record. In the 2nd quarter 2018, losses reached …read more
With great power, comes great stress. We’ve all had bad days at work but, when the problems escalate, the buck stops with the lucky old CEO. So, I wondered how many business leaders would relate to the description below in one way or another and thought I would offer some sage advice on how to …read more
Richard Pepler, our CEO, is first and foremost a business man, having spent 24 years running successful invoice finance firms. His extensive experience and commercial drive always resonate well with the business owners we work with. Standard strategies for running a successful business can be applied to all companies without exception, but here are Richard’s …read more
Find out how Optimum Finance are helping Reedway Precision to grow their business.
Optimum Finance SME trend analysis: SMEs post strong summer performance bucking the seasonal downturn Invoice finance firm Optimum Finance has reported a summer boom for SMEs in the South West compared to growth in previous years and since the Brexit decision two years ago. In July and August 2018, revenues generated by small businesses increased …read more
A case study highlighting how one of our clients benefits from invoice discounting with Optimum Finance.
Invoice finance firm Optimum Finance is reporting exceptional growth with reported turnover performance eight times greater at the end of June compared to 2017. Founded in 2017, Optimum Finance provides tailored funding solutions for SMEs to enable them to release cash tied up in client and customer invoices. With staff numbers doubling over the past …read more
Mind the Gap: Optimum Finance warns SMEs to uphold their payment terms Inconsistent payment terms resulting in cash flow pressure and an opaque financial outlook are the key findings of a survey of SME businesses in the South West. Invoice finance firm Optimum Finance surveyed owners and senior managers in thirty-three companies across the region …read more
More than half of new UK businesses don’t survive beyond their first five years and while SME owners will readily blame the tax system, lack of bank lending or late payments, often the failure is down to something much more basic – bad financial management. The harsh truth is that many SMEs in Britain are …read more
A business news site recently featured the Optimum Finance app for SMEs (original article) Bristol-based invoice finance firm Optimum Finance has launched its industry’s first app aimed at accountants to empower them to gain almost immediate funding approval for their small business clients. The mobile and desktop app asks referrers eight simple questions based on …read more