ABFA Quiz Nights Champions Are Crowned

The first ever ABFA Industry Quiz Night Competition reached its conclusion last night, at TigerTiger in Piccadilly, as 'Fat Kids Always Win at See-Saw' from HSBC were crowned 'ABFA Quiz Champions'.

To read on, please click here.

Recent News Also Includes...

ABFA Welcomes Major Boost For SMEs
The Asset Based Finance Association has welcomed the recent change in the ban on assignments by the Office of Government Commerce (OGC). To read on, please click here.

Annual Report Is Now Available
Following the sign off of the Association's 2007 accounts, we are happy to announce that the Annual Report for 2007 is now available. For further details, please click here.

Bookings Are Now Being Taken For The Second Registration Of ABFA Certificate - 2008 Intake
The ABFA Certificate course is an excellent way of helping key staff build their knowledge and understanding of the industry and the second Certificate registration period for the 2008 student intake is now here. For more information, click here.

Asset Based Finance Becomes Main Lender For UK Companies
In the UK and Ireland, as well as the rest of the world, traditional bank funding is suffering at the hands of the credit crunch. As funds dry up where previously money flowed freely, more and more businesses are looking to alternative forms of finance. Among them asset based finance is beginning to attract the attention it has long deserved and is becoming more high profile. To read on, click here.

ABFA Commissions New Half Yearly Economic Report
The ABFA has commissioned two economic reports per year, timed to accompany the Q2 and end of year statistics. These reports have been commissioned by the ABFA and will be written by Paul Mizen, Professor of Monetary Economics and Director of the Centre for Finance and Credit Markets at the University of Nottingham. In the reports, Paul will put ABFA figures into an economic context, explaining the industry's activity and products in the light of current macroeconomic and financial events. For more information, click here.

New Chairman for the ABFA
Tim Corbett, MD of Fortis Commercial Finance, has been elected as the new Chairman of the Asset Based Finance Association (ABFA) with Maurice Craft, MD of Regency Factors, taking the position of Vice Chairman. For more click here.

Latest in ABL Deals Brochure Now Available
The ABL Committee of the ABFA was formed about a year ago to promote the activities of Asset Based Lending in the UK and Ireland. To this end, one year on, an up-to-date brochure detailing the levels of funding that Members are now providing via this method is now available. For more click here.

ABFA Annual Conference Tickets Now on Sale
We are pleased to announce that tickets for this year's 2nd ABFA Annual Conference in Barcelona are now on sale! The conference is titled 'The Bigger Picture' and will look at the wider issues affecting the world economy and how that will effect the UK and Irish economies moving forward. The conference will be held on the 26th-27th of November at the Hotel Arts in Barcelona. To read on, please click here.

Asset Based Finance Industry Rides The Financial Storm
Statistics from the Asset Based Finance Association (ABFA) show that the industry has advanced a record breaking £16.2 billion in quarter one of 2008. The first quarter report reveals that the industry is worth more than £48 billion already this year! To read on, please click here.

ABFA Launch Industry Risk - The Recruitment Industry E-Learning Course
The ABFA are delighted to announce the launch of the fourth ABFA e-learning initiative - Industry Risk - the Recruitment Industry e-learning course. To read more about this new exciting inter-active e-learning course click here

ABFA Annual Conference Dates for 2008 are Announced
This year's ABFA Annual Conference will be held on Wednesday 26th-Thursday 27th November 2008 at the Hotel Artz in Barcelona. We are also delighted to welcome back Platinum Sponsors - Menzies Corporate Restructuring. For more click here

SME's Push Forward with Growth Plans
UK SMEs are reminaing defiant in the face of the current economic turmoil and will not rein back expansion palns for the remainder of 2008. A new survey by the Asset Based Finance Association (ABFA) found that 74% of companies are refusing to put growth ambitions on hold. In fact, around half expect to increase their borrowing in 2008 with 67% either confident or very confident they will secure the additional funding to support their plans. For more click here

Millions Unlocked For SME's Supplying Public Sector
Entrepreneurs supplying the public sector received welcome news today when Alistair Darling announced that the ban on assignment of debt within government contracts will be abolished. To read more about this news, please click here

Tickets Now on Sale for ABFA Annual Dinner 2008
Tickets are now on sale for the ABFA Annual Dinner being held on Wednesday 28th May at the Grosvenor House Hotel. Tickets are £195.00 per person and our After-Dinner Speaker will be the comedian Patrick Kielty. To read more about the event and to book your tickets, please click here

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