If your company has Invoice Discounting facilities with Ulster Bank, then you are very aware that the bank is exiting the market before the end of the year. You may think that means you have plenty of time to put … Continued
When most companies think of ways to raise funding, the first thing that comes to mind is a bank loan or overdraft. However, there are many other options available that are far more flexible, such as invoice financing. Invoice financing … Continued
A few days ago, following the news that Ulster Bank were embarking on an orderly exit and that Bank of Ireland were making wholesale branch closures, economist David McWilliams tweeted “Do you get the feeling that bank are sitting ducks … Continued
Invoice discounting is a type of funding that allows businesses to access cash that is tied up in unpaid invoices. When a business extends credit to a customer, they often have to wait 30, 60, or even 90 days for … Continued
In a recent Lend Academy Podcast, Kathryn Petralia the Co-Founder and President of Kabbage, a US fintech, discussed the correlation between time and funding. She shared that she is often asked if Kabbage customers are desperate for funding, but instead … Continued
This week in our Customer Spotlight we discuss two data focused companies, unearthing the power of data. The API Economy Last week our CEO Helen Cahill discussed the advent of Open Banking, the regulatory exposure of data via APIs. … Continued
Open banking is providing choice for consumers Open banking is the result of industrial and regulatory reforms that are driving competition and innovation in the financial industry. Banks and payment providers must share financial data with other institutions. This creates … Continued
Customer Spotlights share the successes our customers are finding in their sectors and how they used InvoiceFair’s model to fund this growth. This week we discuss two customers who are using technology to innovate within their industries – one through … Continued
Herodotus is considered by many to be the first historian. Born in Halicarnassus around 490 BC, he visited Egypt during the Persian occupation. The second volume of his histories describes Egypt’s geography, people and recounts a few semi-mythical stories about … Continued
Consumers consistently look for the best deal, with competitive TV advertisements feeding this need for value. However, consumers must start considering the value in their method of payment and not just the change they receive at the counter. Irish bank … Continued