Asset based lending (ABL) is a form of business finance that uses the assets on a company’s balance sheet as security for any type of lending. These assets could include property, stock, machinery, equipment or even accounts receivable. Any business looking to take out a loan or obtain a line of credit to help meet…
read moreThere continues to be an upsurge in demand for electric vehicles, especially as the Government has a plan to roll out more low emissions schemes in many of the UK’s largest cities. London will be increasing the size of the Ultra-Low Emission Zone on 25th October 2021, encouraging only electric vehicles to enter these areas.…
read moreManaging cash flow can be one of the most important areas for a business. Cash flow is basically the calculation between money coming in and money going out of a business. This is based on existing money already within the business along with both income and expenditure, it does not include any assets or investments.…
read moreFor any business looking for a quick business loan we would recommend the Recovery Loan Scheme (RLS). RLS is a government initiative that allows any type of business to apply for a business loan. The maximum loan available will be based on 25% of the business’s turnover recorded in 2019. For eligibility a business must:…
read moreShort term finance offers any type of business a cashflow boost where terms are typically between 2 to 5 years. They can be sourced for a multiple of uses which include helping businesses with day-to-day operations, employing more staff, purchasing new equipment or funding for issues that have arisen due to unforeseen circumstances. Some of…
read moreThere is great optimism across the business landscape and hope that the next 12-months will continue to see growth across all sectors. Recently businesses operating in the retail, hospitality and leisure sectors have seen the re-opening of facilities and are welcoming customers back. This will have a positive ripple effect on the economy and many…
read moreThe super tax deduction scheme was introduced on 1st April 2021 and is for companies purchasing capital assets that will be entitled to 130% tax relief on the first year. The scheme is designed to provide much quicker tax relief on investments up to the value of £1million. Putting that into context for every £1…
read moreA Government business loan is a funding solution to help all types of businesses. It could be for business expansion, business growth, introducing new products and services or even for property development projects. The popular Government backed COVID business loans of BBLS, CBILS and CLBILS finished on 31st March 2021 and were replaced by 1…
read moreAt the end of March, the Business Bounce Back Loan Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS) and Coronavirus Large Business Interruption Loan Scheme (CLBILS) all came to an end. The 3 Government loan schemes were created to support all businesses during the Coronavirus pandemic and have delivered over £76.3 billion of funding. However,…
read moreThere has never been a more important time for companies to look at the benefit of going green for their fleet of vehicles. It was recently announced that from 25th October 2021 the London Ultra Low Emission Zone (ULEZ) will be expanded. The zone will increase to an area encompassing both the North Circular (A406)…
read more
When you visit our website, it may store information through your browser from specific services, usually in the form of cookies. Here you can change your Privacy preferences. It is worth noting that blocking some types of cookies may impact your experience on our website and the services we are able to offer.
