Not exactly a lot to report this week in the world of Factoring Partners apart from some good networking events both locally in Stratford-upon-Avon and in Birmingham (the latter named this week as one of the top 10 cities in the World by travel handbook company Rough Guide).
The year has been an interesting one from a business perspective, deals have been written and funding has been sourced for a number of businesses, not as many as may have been liked but perhaps more than may have been expected at the start of the year.
Next year will be dominated, at least until May, by the general election and possibly the remainder of the year too if there is no outright winner and a state of limbo results. We predict Bank of England Base Rate will stay at 0.5% at least until May with possible small (0.25%) rises thereafter.
Invoice Finance has new providers and there’s talk of more as well, we look forward to working with old & new.
In the meantime very best wishes to one and all for a Happy, Peaceful Christmas and a prosperous New Year.