expects volumes in Welcome Finance to be down by some 75 per cent on 2008, which itself saw a reduction from 2007.
group, which operates the consumer lending business, Welcome Finance, is currently is talks with its lenders about refinancing facilities which are due for repayment in July
Chief executive Sean Mahon, said that even if interest rates rise, it wouldn't be a huge worry for Catties
, because of the smaller amount the group tends to lend to customers - typically around pounds 4,000.
maintained its arrears levels have flattened at 7.
EX-WIGAN Rugby League player and managing director of Liverpool-based Speke Coatings, Martin Sivori, has won two high-profile contracts after securing a funding line from Catties
So she has tapped into an invoice facility put in place by Manchester-based Catties
Invoice Finance to free up cash flow in her business.