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4Syte and Barclays Factoring

I am sure that clients of Barclays factoring division were surprised to hear a couple of weeks ago that the bank had sold their factoring portfolio to the little known finance company 4Syte It seems...

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Big changes in the world of factoring

Many of us thought that 2021 would see quite a bit of consolidation in the world of factoring but much of what has happened so far and is rumoured to be happening shortly is far more than most had...

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Construction recruitment fraud in the factoring industry

Construction recruitment fraud in the factoring industry seems to one of the growing problems within the the invoice finance world. I had enquiries from two recruitment companies in quick succession...

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Pulse Cashflow loses me a client

Factoring Solutions was approached by an established recruitment company a year ago who wished to change their factoring company to one that could also offer back office facilities so I introduced them...

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Factoring case history – an interesting story

Last month I lost my largest factoring client which although sad personally does provide me with an interesting factoring case history for one of my now very rare blog posts. The company involved was a...

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Business Money goes bust for the umpteenth time

This is the third time that Business Money has gone bust in the years that I have been writing the Factoring Blog with a fourth company having also published the journal and now dormant which surely...

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