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One in four SMEs have faced financial difficulties within the last 12 months
New research commissioned by finance provider, Nucleus Commercial Finance, has found that one in four SMEs in the UK has faced financial difficulties, within the last 12 months. The research found that nearly a quarter of business owners (24%) were having to use their own personal savings in an attempt to address their financial issues. […]
Buy now pay later – the next credit bubble to pop?
According to the New York Times, the popularity of Klarna is how simple it appears “most purchases are approved in less than a second. Klarna makes money by taking a small percentage on each transaction from retailers, and it offers customers instalment plans, which charge interest, on their online purchases”. Klarna was born in 2005 […]
