Thursday 26 March 2015

RABF campaigners will be demanding to speak to Martin Donnelly the Permanent Secretary for the Department of Business, Innovation & Skills

RABF Campaigners will be pouring into London from all over the UK on Tuesday March 31st to lobby  the Department of Business, Innovation & Skills (BIS) to get robust regulation of asset based finance.

Asset based lending (factoring & invoice discounting) come under the control (or lack of) BIS.  At present the industry is covered by the Sale of Goods Act 1979 - which to put it bluntly is charter for fraud.

Martin Donnelly
Martin Donnelly

HMRC and unsecured creditors continue to be the main victims of the forced insolvency of solvent companies by factoring companies for their assets.

For more information contact: BIS@rabf.org.uk

the lobby will take place at 1:30pm on Tuesday 31st March

Address:
Department of Business, Innovation & Skills
1 Victoria Street,
London
SW1H 0ET



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