Novuna Business Cash Flow, a leading provider of finance solutions for UK businesses, including invoice finance, invoice factoring, invoice discounting and recruitment finance, has been awarded SME Lender of the Year (Lending over £1 million) and Best Use of Technology (Commercial Finance) at this year’s Credit Awards.
Novuna Business Cash Flow’s recognition as SME Lender of the Year showcases its unwavering commitment to supporting UK businesses and its understanding of the unique challenges they face in today’s economic climate. The company continuously strives to provide tailored financial solutions that help businesses thrive and grow, solidifying its position as a trusted partner offering flexible cash flow solutions.
Equally remarkable is Novuna Business Cash Flow’s receipt of the Best Use of Technology award. The company recently implemented open banking in its digital onboarding process, resulting in enhanced accuracy for data-driven decisions in credit risk assessment and ongoing client management. The award serves as a testament to Novuna Business Cash Flow’s dedication to revolutionising its approach and remaining at the forefront of technological advancements within the cash flow finance sector. It reflects the company’s commitment to pushing boundaries and better serving its clients through cutting-edge technology.
John Atkinson, Head of Commercial Business at Novuna Business Cash Flow, expressed his excitement about the awards, saying, “We are truly honoured to receive these prestigious accolades at the Credit Awards 2023. They serve as recognition of our commitment to supporting UK businesses and our dedication to leveraging technology to enhance our services.
These awards motivate us to continue delivering tailored financial solutions and driving innovation in the industry.”