Financial Support for Businesses in the Bath Clean Air Zone

Bath’s Clean Air Zone comes into force from spring 2021 and support is already in place to assist local businesses upgrade or replace polluting vehicles in advance of the move to the new scheme.

Financial Assistance Scheme

To help with the transition to a Clean Air Zone, Bath and North East Somerset Council has partnered with Maxxia to provide financial assistance for limited companies or charities to replace existing non-compliant vehicles […]

2020-11-18T11:10:09+00:00November 18th, 2020|Categories: Sustainability, Vehicle Finance|

How To Choose a Business Finance Broker: Save Time & Money

The days when business owners or directors could drop into their local bank branch to discuss obtaining a new loan may be consigned to the history books.

However, there’s a good replacement option available today that many businesses may not be making the best use of. The local bank branch manager’s modern-day equivalent are business finance brokers who can review the market for sources of alternative finance. Brokers sit between businesses looking for finance and […]

2021-01-22T18:44:46+00:00April 28th, 2020|Categories: Asset Finance|

Sources of Finance for Business

Finding finance is crucial for most businesses and it’s important to make the right choice. Few businesses have funds to develop without some external support.

Yet, research suggests that many businesses are being held back by a lack of awareness or understanding of the options available to them.

There are many sources of finance to help small and medium-sized businesses to grow. The right solution will depend on several factors:

  • the nature of the business
  • the current stage […]
2021-01-22T18:43:44+00:00April 27th, 2020|Categories: Asset Finance|

How to Manage Your Business E-Waste

The need for e-waste disposal and tech recycling is only going to increase. We are using more and more technology, at home and in the workplace – and replacing it more frequently – as a result of growing consumer demand and shorter product lifespans due to planned obsolescence.

This is creating a problem, with tonnes of electronic waste being created each year. Over 75% of e-waste ends up […]

2020-04-24T11:27:42+00:00April 23rd, 2020|Categories: Asset Finance|

Coronavirus Large Business Interruption Loan Scheme Launches

The latest in the government’s support packages for businesses impacted by the COVID-19 crisis is the Coronavirus Large Business Interruption Loan Scheme or CLBILS.

This is intended for those businesses which were stuck in the middle, finding themselves in need of funding but not eligible for either of the two schemes previous rolled out via the British Business Bank: the Coronavirus Business Interruption Loan Scheme (CBILS) […]

2021-01-22T18:50:37+00:00April 21st, 2020|Categories: Asset Finance|

How to Cut Your Business Carbon Footprint

Climate change. A controversial subject in some circles. However, the vast majority of scientists do agree that man-made climate change is happening. Global warming now sees us at one degree Celsius above pre-industrial levels. Whilst this doesn’t sound very much, the impacts are starting to become evident around the world […]

2020-04-28T19:50:52+00:00April 14th, 2020|Categories: Sustainability|

How to Benefit from Sale and Leaseback: Key Things You Need to Know

Sale and leaseback as a concept has been around for almost as long as vehicle leasing itself, but there are still many organisations that could be taking advantage of this that haven’t taken the plunge. In this blog we take a look at how this type of finance works and examine the advantages and disadvantages of sale and leaseback.

Need to free up capital? – Sale and […]

2021-01-21T19:08:56+00:00March 30th, 2020|Categories: Asset Finance, Contract hire, Vehicle Finance|

CBILS – Coronavirus Business Interruption Loan Scheme

Summary of new measures:

Government introduces new measures to help support British business

Two new schemes are launched to provide finance for business: Coronavirus Business Interruption Loan Scheme (CBILS) and the Covid Corporate Financing Facility (CCFF)

CBILS launched on 23rd March and provides smaller businesses with access to up to £5 million for a maximum of six years to eligible organisations, via British Business Bank accredited lenders

The Covid Corporate Financing Facility, announced on […]

2021-01-22T18:49:33+00:00March 25th, 2020|Categories: Asset Finance|

Tax Implications of Business Car Leasing

Leasing company cars and vans, rather than buying them outright, is well established for businesses. It provides known, easily budgeted costs with no hidden surprises and predictable cash-flows. The most popular type of vehicle leasing for businesses is contract hire.

The positive tax implications of leasing a company car are a key reason that this form of leasing has become so popular. In this article, we look at this topic in more detail […]

2021-01-21T17:56:47+00:00March 10th, 2020|Categories: Accounting, Asset Finance, Contract hire, Vehicle Finance|