Blog

by

We know what you must be thinking: “Good debt, bad debt, surely all debt is the same, and I don’t want to be in debt!” Which is a fair point, but we hear this all the time, and it is crucial to understand and distinguish between the different types of debt, why some can be … Read more

by

Small and medium enterprise (SME) businesses have faced their biggest ever challenge this year. With the online resources and depth of large business, there are ways in which asset finance can help them to continue to compete, both as asset vendors /suppliers and end user clients.  As a long-term supporter and promoter of small businesses … Read more

by

The UK Government has provided the Coronavirus job Retention Scheme, with news of a second lockdown, this has been extended until April 2021. Here’s an update for the scheme: The scheme has been extended until the end of April 2021, with employees receiving 80% of their wages Employers small or large, charitable or non-profit, are … Read more

by

It was great to see so many familiar faces, as well as some new ones, at the first ever virtual ENSE Conference on 21st-23rd September. Undoubtedly a new experience for us all, and one that we can all take positives from, not least the fact that we can all now consider ourselves competent ‘Zoom-ers’. It’s … Read more

by

With the government loan schemes coming to an end at the end of September and the Coronavirus Job Retention scheme ending at the end of October, Chancellor Rishi Sunak has announced his ‘Winter Economy Plan’ for businesses and jobs. New measures have been announced such as the Jobs Support Scheme, Pay as you Grow and … Read more

by

With many businesses across different industries and sectors being adversely affected by Coronavirus, companies are still looking for support from the Coronavirus Business Interruption Loan Scheme (CBILS). With the British Business Bank declaring the deadline for the scheme to be 30th September 2020, leaving just 6 weeks (at time of writing) for businesses to get … Read more

by

Being able to offer finance is essential for your business, as well as the businesses you are selling to, as there are various reasons why your customers will want and need to use an alternative to large payments, especially in the current situation. Take a look at the main reasons why offering a finance package … Read more

by

Managing cash flow is essential for any business, small or large, and more so now than ever, as it allows a company to keep trading and making money, without managing cash flow, companies could find themselves in debt rather quickly. By definition, cash flow is the money coming in and out of a business, such as … Read more

by

According to recent reports, such as those from Bank of England economist Andy Haldane, the UK could recover quicker than expected, with a v-shaped economic recovery. In a v-shaped economic recovery, the economy suffers a sharp, but short-lived period of economic contraction, such as that experienced in the last 3 months, as exemplified by new … Read more

by

If you have received a Government Bounce Back loan or Coronavirus Business Interruption Loan Scheme (CBILS) loan, schemes that were introduced to help smaller businesses impacted by Coronavirus (COVID-19), then there are important steps to follow in order to ensure you maximise your return on these finance facilities. With the British Business Bank recently confirming … Read more