Update May 2013: Since the publication of this article in December 2010, there have been significant delays to the re-drafting of the Lease Accounting Standards ED1. The Re-Exposure Draft was finally published in May 2013 and, as expected, that it still contains significant changes for both Lessees and Lessors, including many of the issues discussed in this article. Will IT …
Category: Invoice Finance
May 30
Big boost for alternative lenders
The government is planning £100m in funding for alternative lenders, including new internet finance firms. It is part of £500m being made available to small and medium sized firms through the government’s Business Finance Partnership. So called peer-to-peer lenders are expected to be big beneficiaries. They use the internet to match businesses with investors with …
Jun 01
Achieving efficiency in a new dimension
My introduction to pan-European finance technology came on the day Europhile Tony Blair became prime minister. After casting my vote, I drove to my companies newly opened Paris office to struggle with installing a French version of Windows 95 from 24 floppy disks. Since then I have become well versed in the benefits and practice …