The world of digital technology cannot sit and stagnate, it must continually transform and new and better improvements have to be made. Shifting to cloud storage or adopting artificial intelligence are just a couple of the challenges that businesses face when considering their digital footprint. Of course, the major issue with the digital technology landscape…
read moreBusiness expansion can be an incredibly exciting time in the lifecycle of a company. It focusses on increasing 3 key areas of the business: customers, brand awareness and profits. Different types of expansion will involve different types of activities, the more common ones being the purchase of new assets, the opening of new offices or…
read moreIntellectual property (IP) refers to a set of intangible assets which are owned by a business and which are legally protected. It is not a physical asset, but includes items such as a patent, copyright, trademark or trade secrets. Broken down further, this can include items such as inventions, literary or artistic works, designs, logos,…
read moreAsset funding in simple terms, describes a type of funding that can be used for purchasing a new business asset. It can be used for either acquiring a new asset or for raising finance against an asset which the business already owns. It can be broken down in to 2 specific categories, hire purchase and…
read moreThe farming industry is a crucial part of the economy but it is one which also is extremely challenging. Managing cash flow when you operate in a seasonal basis, where income hits big highs and big lows, is never an easy process. This is where agricultural finance is critical to the successful running of any…
read moreA fixed business asset is something that is purchased for long term use and can include property, equipment and land – all of which are used for operational purposes to generate future income. Key facts about fixed assets: Any fixed asset will provide a long-term financial benefit to a business and from an accountancy perspective…
read moreAs the name implies, working capital finance has been developed to help a business boost its working capital through business finance. Often it will be sourced for areas of business growth where a company is looking to diversify into a new market or focusing on winning much larger contracts. Working capital finance can be utilised…
read moreHere at NGI Finance, we are an independent asset finance business specialist. We have a whole of market approach and have over 50-years combined experience. Our aim is to deliver a fully bespoke and tailor-made service, sourcing the right business finance solution every time. Whether the need is for short or long-term finance, purchasing of…
read moreAsset finance allows a company to use their business balance sheet assets as security for borrowing money. It is one of the most popular and secure ways of establishing working capital for a business. This capital can then be utilised for multiple purposes, enabling a boost in cash flow and to fulfil key growth plans.…
read moreThe Coronavirus Job Retention Scheme (CJRS) closed on 30th September. This was an initiative set-up by the Government which allowed a business to claim up to 60% of a furloughed employees wage, with a cap of £1,875 per month, per employee. A business then had to pay at least 20% of their wages so the…
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