Asset 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…
read moreItems such as food, flowers, pharmaceuticals, chemicals and other temperature sensitive goods require transportation in a vehicle where temperatures can be kept to an optimum level for both short and long journeys. As such refrigerated vans are becoming more and more popular. With the benefit of allowing drivers to control the temperature of the items…
read moreTypically, October and November can be quiet months for the commercial vehicle sector, the buzz around the new registrations in September has curtailed and new purchases tend to be slow. However, it appears the trend has changed this year and the demand for commercial vehicles continues to rise. A key factor behind this is that…
read moreRunning a food manufacturing business can be a challenge. Not only are there the day-to-day operations and staffing issues to contend with, there are also other factors such as being hit with product recalls, product shortages and issues with supply chains. Operating a business in this sector is complex, from processing raw food, mixing ingredients,…
read moreThe packaging industry is fast moving and incredibly competitive. Any business operating within this sector needs to be continually evolving through investment and development. Here at NGI we are highly experienced in working with manufacturing companies. We understand their challenges and are here to support them with all their business growth needs. Our team have…
read moreAny successfully manufacturing business continually invests in the latest equipment and technologies to ensure that their operating processes are fully optimised. Gaining a competitive advantage thanks to state-of-the-art equipment is crucially important. A CNC (Computer Numerical Control) machine is arguably one of the most important manufacturing machines. It can pre-programme computer software which will then…
read moreIn today’s world where we are surrounded by choices and options for any type of purchase it can often be frustrating to find exactly what we need. If we relate this to the world of business finance, we have an abundance of choices. There is a vast array of financing options available, but how do…
read moreThe SME (small and medium-sized enterprise) sector is arguably the most important area for the business community. With an estimated turnover of £1.6 trillion it accounts for 47% of private sector turnover.* Any business with a turnover of less than £25 million and fewer than 250 employees fits into the SME category and it is…
read moreThe acquisition of a franchise can often be an extremely attractive solution for those who want to own their own business without having to start from scratch. For those who already run a successful franchise, purchasing a second one can be a desirable proposition, offering great growth potential. Becoming a franchisor is another good business…
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