Credit Collections and Risk

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Opinion

Lack of independent data limits finance choices

CCRInteractive to get industry talking

The Revolution in events will take place on 11 October as CCRInteractive sets a new standard for conferences in the credit, collections, and enforcement sector. The day will feature the chance for

SMEs have revealed the biggest challenges they experience in buying financial products, according to new research. Worryingly, one in five (22.1%) cite a lack

of independent data on providers and products as the biggest barrier. For a further 28.8% the sheer time to gather information creates further challenges. These are significant issues for British

business. With 5.7m SMEs, the risk to small companies purchasing financial products which are either unsuitable, contractually inflexible or charge high fees can result in serious productivity, cashflow, and debt problems. The growing number of new online-only

providers and business-banks has made the right choice tougher – and more important. Going to your existing provider may be convenient, but can prove costly. Accessing affordable finance can be a real

challenge for small businesses, and yet it is often essential to allow them to grow and contribute more to the economy. While a much wider range of options now

exist, this research clearly shows that navigating less-traditional sources of finance is time-consuming and sometimes baffling to busy entrepreneurs working hard to run a businesses day-to-day.

Mike Cherry National chairman, the Federation of Small Businesses

delegates to pick and choose the debates they want to attend, to share their insight and analysis: eight debates will run concurrently early morning, eight late morning, and eight in the afternoon. It will feature a small exhibition of key

sponsors – free for all credit professionals to attend; themes that will be generated through the Credit Leaders .Network; and a tiered fee structure for delegates, to ensure attendance is affordable. Stephen Kiely, editor of CCRMagazine,

said: “A decade ago, CCRInteractive provoked an evolution from staid conferences

The Big Debate The Big Debate

in large halls, to bring you targeted streams. From there, over the past three years, we have run more than 30 debates – talking, discussing, and driving the industry forward. “Now, in 2018, the Revolution brings the

debates into the annual conference, with the launch of CCRInteractive: the Big Debate, to bring the business community together.” l To find out more about being part of CCRInteractive, contact Gary Lucas at gary@ccrmagazine.co.uk or 07785 268404.

Momentum builds for new utilities debate

Senior professionals from the utilities sector have started to sign up to attend a major debate that will be run, this month, by CCRMagazine

in association with

Callcredit. Industry figures from major companies

such as E.ON, ScottishPower, First Utility, British Gas, and Northumbrian Water are only amongst the first to agree to attend the discussion. Stephen Kiely, editor of CCRMagazine,

said: “We have been extremely pleased by the level of interest that has been shown in this discussion – clearly the success of such debates is inherently linked to the experience

and insight of the people attending, so this promises to be an extremely successful event. “In truth, the utilities sector has always

been eager to share their views and knowledge in these discussions, so I am very proud to see that this debate will continue that tradition. “We will now continue to encourage

further utilities professionals to attend as we build towards the big day.”

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www.CCRMagazine.com

May 2018

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