We specialise in responding to the needs of small to medium sized businesses.
We can help you protect and grow your business using our individually tailored financial services to suit your particular needs, cost effectively and efficiently.
CREDIT MANAGEMENT SYSTEMS CREDIT AND DEBT PROTECTION. COMPANY CREDIT REPORTS CREDIT INSURANCE i FACTORING AND INVOICE DISCOUNTING HEALTH INSURANCE COMMERCIAL FINANCE |
ACF works with you to understand your business and your customer expectations.
We are authorised and regulated by the Financial Conduct Authority (FCA)
Anglian Commercial Finance a trading arm of Nationwide Debt Solutions Limited registered in England No3895407
Created and Maintained by Aztech Business Systems Ltd.
CAR PRODUCTION COLLAPSES
The number of cars rolling of British production lines fell by a third in November to the lowest level for the month since 1980. A total of 64,216 units were manufactured in the month, down 27,111 on November 2023, in the ninth consecutive month of decline, according to the Society of Motor Manufacturers and Traders (SMMT). RECESSION FEARS INCREASE Private sector growth stalled over the past month according to a closely watched survey raising fears that the economy is edging closer to recession.Rising employment costs from Rachel Reeves decision to increase business taxes in her first budget along with soft consumer demand have led UK companies to cut worker at the fastest rate since the global financial crisis in 2009 excluding the pandemic.
BUSNESS FAILURES HIT 30 YEAR HIGH Business failure hit a 30 year high of 25,158 last year as owners struggled to keep up with interest rates, rising costs and customers cutting spending. That may rise this year, with the Centre for Economics and Business Research forecasting that 33,000 companies will fail, but official figures suggested the upward annual trend may have peaked.
COSTS THREATEN ZOMBIE FIRMS Tens of thousands of so- called "zombie" companies will fall prey to rising interest rates and inflation in the coming months according to the boss of Begbies Traynor. Ric Traynor, executive chairman of the insolvency specialist, predicted that highly indebted companies that have only managed to cling on thanks to cheap borrowing costs will fall over the next 18 months.