Insight

Could asset-based finance be the best route for SME funding?

Growth business are now spoilt for choice with regard to their debt funding options. Since banks pulled back from lending to SMEs in the aftermath of 2007’s Great Financial Crash (GFC), a host of other providers have emerged to cater for their debt finance needs. These range from dedicated SME debt funds and tech-driven banks,…

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Challenges of Staying Competitive and Relevant in Asset-based Finance

Asset-based finance (ABF) has a long history – dating back to the days of Babylon and ancient Rome when merchants sold goods on consignment.[1] Today, the industry is a sophisticated transactional business funding model, which has probably never been more widely adopted across continents, many of which are experiencing strong growth. However, the emergence of…

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Build & Buy – The Best of Both Worlds

A joint article by Jonathan Croft, Chief Information Officer, Societe Generale Factoring and Kevin Day, CEO, HPD Software Today, all forms of businesses rely upon technology to deliver their products and services in a global market. To what extent is technology merely a tool or an intrinsic component of the offering is a sliding scale,…

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Proliferation of FinTech

Job creation within the FinTech sector increased by 61% in 2018, making it the fastest-growing sector in the London economy. Of the roles available, those that are most in demand within the FinTech industry continue to be Marketing, PR and IT.  However, those professions that have seen the biggest spike in recruitment (in most cases…

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How has FinTech changed the landscape of Finance?

Since joining HPD LendScape almost a year ago, I’ve been hearing opposing views on whether we are a FinTech or not. Depending on who you ask in our company, you will get a positive answer, a negative answer or a confused look. So, what is this FinTech about? Financial Technology is a relatively new term,…

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Building something better

In a recent article with Business Money, our Global Head of Product, Andrea Cole, reports on the company’s latest annual LendScape Conference, held in London on 25 April. On 25 April, HPD hosted its annual LendScape Conference, Growth Factors, in London. This was an opportunity to bring staff, clients and industry experts together to discuss…

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Aligning Technology with GDPR

Introduction The EU’s General Data Protection Regulation signals a dramatic shakeup in the rules on how companies and other organisations manage individuals’ personal data. The new regulation will come into force on May 25th 2018, replacing the previous 1995 data protection directive. This switch from a directive to a regulation is important because it means…

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Uncovering the benefits of data science in commercial finance

HISTORY OF BIG DATA The term ‘big data’ has been around for decades, and has grown considerably from its small beginnings to the hot topic it is today. Forbes gave a potted history of it back in 2013, noting that the concept (under various different names) started back in libraries in the 1940s.1 However, the…

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Trends in technology shaping the working capital finance marketplace

Technology has long been the backbone of the working capital finance industry. From major players dependent upon legacy systems to monitor and service large portfolios to the small players manually tracking loans using spreadsheets. Finance providers have relied upon technology to provide efficiency and improve risk management. However, we are seeing a face to technology…

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