The 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 moreAll small businesses will set themselves the same goal, provide an excellent service or product and look to generate profit as soon as possible. There is no set pattern for business growth. Some businesses might take 5-years to achieve their potential whilst others could be hitting impressive profit margins within just 5-months of trading. Both…
read moreThe NGI Finance team are on hand to help with any business finance need. Whether it is for asset finance to purchase new equipment, invoice finance to bridge the cashflow gap whilst invoices are paid, or business loans for fulfilling growth plans, we take a whole of market approach to ensure that you get the…
read moreThe Government have recently announced that it will be extending the Coronavirus Business Interruption Loan Scheme (CBILS) for probably the last time. It will now run until 31st March 2021. It is very unlikely that a business funding initiative of this nature will be available again so, with just over 2 months left, any business…
read moreThere are times when a business needs to raise funds but either does not wish to use, or indeed does not have, business or personal assets against which to secure the funding. This is when an unsecured business loan can provide a relatively straightforward means to raise funds, providing you have a reasonable credit score.…
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