Tagged: tony duggan

Bank of England Funding for Lending: “Worrying Trend”

The Bank of England is out with some data on the Funding for Lending Scheme (FLS). The FLS seeks to encourage more lending to the UK economy than would have been the case in the absence of the plan.  The current Extension allows participants to… Read More

Crossflow Payments CEO Duggan: £266 billion of SME Turnover Delayed by Late Supplier Payments

The growth prospects of SMEs are being potentially stalled due to late payments, according to new research of over 1,000 SMEs commissioned by Crossflow Payments, the Fintech platform delivering supply chain finance solutions. “Brexit is increasing the issue of late payments and reducing investment by… Read More

Crossflow Payments Announces Signing Deal With UK Electronics Retailer Maplin

Crossflow Payments, a tech-driven alternative finance platform delivering supply chain finance solutions, announced on Wednesday it has signed a deal with UK electronics retailer, Maplin Electronics. The company reports that the three-year deal will give it the opportunity to fund £360 million of SME payables. … Read More

Calibrate Backs AltFin Platform Crossflow Payments: Finding Supply Chain Finance Solutions

Crossflow Payments, a tech-driven alternative finance platform delivering supply chain finance solutions, has today announced a “significant investment” from Calibrate Management, an investor focused on early stage, high growth firms. The deal sees Calibrate take a minority equity stake in Crossflow and will provide further firepower as… Read More