The FT reported that TSB bank experienced yet another IT failure, which is typical hazard of banks. In 2012 it was fined £56m. Unsure what, if any, its penalty will be this time, or how much compensation, if any, it will pay to affected customers. Last time, its compensation to each of 56m customers affected was typically just a few pounds.
What is single invoice finance?
Cash for Invoices Limited offers single invoice finance (sometimes called spot factoring or selective invoice finance) - a type of debt factoring that has key advantages over conventional debt factoring and invoice finance: