Asset 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 moreThe RLS (Recovery Loan Scheme) backed Government initiative has been running since April 2021 and continues to offer financial support to all types of businesses across the UK. It was set-up to assist companies who have been adversely affected due to COVID-19. The finance available can be utilised for any genuine business purpose and lending…
read moreA company’s assets are the items which are used for the benefits of the business. These could be things that help with the day to day running of the business such as buildings or those items which generate income such as inventory or stock. A business will classify its assets in to 2 specific categories.…
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 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 moreMany businesses have recognised that when in need of finance the traditional approach of speaking with their local bank is not always the best option. Instead, they seek the advice and guidance of alternative lending specialists. An alternative lending company is one that can provide a whole host of lending solutions which includes
read moreA commercial vehicle is, as the name suggests, any vehicle that is used for business purposes. This could include cars, vans, buses, HGV’s and agricultural vehicles. When the need for a commercial vehicle has been identified the biggest decision is what type of finance can be used for the purchase. The three main types are:…
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