Whether you are looking for an IT infrastructure upgrade or you require new machinery, you know how important assets are to sustaining future business growth. But which financial funding option is right for you? Should you purchase outright? Borrow from the bank? Or perhaps you should consider asset finance? In this quick guide, we cover...Read More
As most of us know, historically the first place businesses have sought out for financial assistance has been the bank. These days, however, there are plenty of diverse funding options that offer a broader and more flexible range of choice for businesses. So what is asset finance and why should you be considering it? What...Read More
Triggering Article 50 was the starting pistol for the real Brexit negotiations and so now the real work begins. Contrast. The UK Government’s formal declaration of our intention of exiting the EU was a letter comprised of inevitable contradictions. At almost 2,200 words long, it’s a long letter, but one that also seems short given...Read More
Pipeline pressure. Sterling’s weakness has fuelled import cost inflation. Manufacturers’ raw material costs rose by 19% y/y in February and firms have been passing some of these costs on to customers. Back in June, factory gate prices were falling on an annual basis. Subsequently, output price growth has accelerated in every single month. Last month...Read More
Where we’ve previously seen the automotive retail industry as a predominately product-driven sector, 2017 has shown a shift in the direction of customer-driven KPIs. So what does this mean for automotive retail outlets? The key focus for 2017: customer loyalty. Automotive retailers are now building customer loyalty by focusing on changing customer behaviour and expectations....Read More
There are many issues that can affect retailers, such as unanticipated expense coverage, cash flow optimisation and maintaining manufacturer standards. Yet, asset finance can help overcome these challenges with financial leverage that can maximise the return on assets. This leads us to consider the three key reasons businesses like yours are looking at leveraging the...Read More
As we know, the UK asset finance market continues to grow and thrive. It is now recognised as the fourth-largest market globally, and the largest in Europe. Why is this? Well, there are several reasons but the leading premise why many businesses turn to asset finance is because it can assist you in managing your...Read More
New business volumes in the American leasing industry rose by 3% to reach $6.2bn (£5.9bn) in January 2017, according to the Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25). The list surveyed 25 companies from the equipment finance sector, and found a 49% decline in new business volumes between December 2016...Read More
Rather than exit with a bang the Spring Budget left with a bit of whimper. Usually it’s a bit of work deciding what announcements to cram into a one page summary. Not so this time. That famous Budget Red Box will have felt light in the Chancellor’s grip today. As is now customary the Budget...Read More
We’re breaking records for the number of people in work, yet more productive jobs are what we really need. Record breakers. 2016 ended with the highest share of people working for at least the last 45 years. At 74.6% the working age employment rate hit a new record, driven by employment reaching 30.6 million. That...Read More
