Comments on: Government to get involved in invoice discounting ? http://factoringblog.co.uk/?p=118 News, views and gossip from the world of factoring and invoice discounting Tue, 07 Sep 2010 15:32:04 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Ian http://factoringblog.co.uk/?p=118&cpage=1#comment-135 Ian Mon, 26 Jan 2009 14:47:45 +0000 http://factoringblog.co.uk/?p=118#comment-135 "experts have warned that the practice is an expensive alternative to traditional credit insurance. One senior insurance broker said: “This is one step away from hammering on the door of your debtors with the bailiffs.” The above is one particularly daft quote from the 30th December article in the FT and it's a petty that such a prestigious newspaper as the FT has to resort to "rent a quote" and then go to print without even checking to see if the "expert" knew what he was talking about, which in this instance he patently didn't. “experts have warned that the practice is an expensive alternative to traditional credit insurance. One senior insurance broker said: “This is one step away from hammering on the door of your debtors with the bailiffs.”

The above is one particularly daft quote from the 30th December article in the FT and it’s a petty that such a prestigious newspaper as the FT has to resort to “rent a quote” and then go to print without even checking to see if the “expert” knew what he was talking about, which in this instance he patently didn’t.

]]> By: Ted http://factoringblog.co.uk/?p=118&cpage=1#comment-134 Ted Mon, 26 Jan 2009 08:56:22 +0000 http://factoringblog.co.uk/?p=118#comment-134 If the government are getting their view of invoice finance from the Financial Times then we may as well all call it a day. Likewise FT articles reflect poorly on ABFA who presumably provide statistics & contribute content. Any business looking at the FT's article on invoice finance dated dec 30th 2008 would run a long way before even discusiing such a facility. Look at the Ft's site, search invoice discounting If the government are getting their view of invoice finance from the Financial Times then we may as well all call it a day. Likewise FT articles reflect poorly on ABFA who presumably provide statistics & contribute content. Any business looking at the FT’s article on invoice finance dated dec 30th 2008 would run a long way before even discusiing such a facility. Look at the Ft’s site, search invoice discounting

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