Whether it’s a popular chain eatery serving much-loved classics or an independent restaurant that offers a unique dining experience, the UK has a rich history of culinary venues that offer every meal you can think of, from cultural specialities to easy grub for families. It’s an age-old industry that’s growing well, with research from Statista showing that […]
Commercial Vehicle Refinance is a way of unlocking money from vehicles such as company cars, vans or any other type of vehicle for business use. A huge number of companies rely on their vehicles for commuting, transporting goods and carrying out essential business tasks. In the UK, there are 720 thousand company cars on the roads but we also
Asset Finance Explained Asset finance is experiencing a significant uptick in popularity among UK businesses. This finance solution allows companies to acquire essential equipment, vehicles, or machinery without the hefty upfront costs. The latest figures from the Finance & Leasing Association (FLA) reveal that more and more companies are using Asset Finance, with funding increasing 10% in
How to get a loan for your building and construction business Securing funding for your building and construction business in the UK can be a crucial step towards growth and success. Construction loans and asset finance options are available to help you manage cash flow, purchase equipment, or fund large-scale projects. Building and construction works
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Agricultural Finance Agriculture contributes billions to the UK economy. In fact, it added as much as £13.9 billion in 2022. It also feeds and clothes the nation, rears our animals and plays a significant role in protecting our natural environment. And yet, it’s been a tough time for many who own agribusinesses. The way that farmers finance
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Understanding healthcare and medical equipment finance The private healthcare industry is a huge contributor to the UK economy, with the market size reaching an estimated £11 billion last year. For healthcare business owners, equipment represents a major investment. It’s also an industry where technological advancements are happening all the time. As patients expect the most up-to-date care,
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The Recovery Loan Scheme becomes the Growth Guarantee Scheme The Recovery Loan Scheme (RLS)has been replaced by the Growth Guarantee Scheme (GGS). The new scheme provides a 70% Government guarantee on loans to SMEs of up to £2m million in Great Britain, and £1m in Northern Ireland. The original Recovery Loan Scheme was put in place to
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There’s nothing quite like running your own business. If you’re drawn to becoming a franchisee, you’re not alone. According to Franchise UK, there are over 900 franchises and 48,000 franchise outlets in the UK, employing over 700,000 people. Many see franchising as a lower-risk alternative to starting their own business from scratch, and it’s not hard to see
Asset Finance helps businesses to launch, update and grow by helping them to purchase or lease equipment, machinery, or other essential business items through a regular payment plan. It can often be a critical part of a business’ expansion plans or simply used to replace old, worn-out, or outdated equipment. Asset Finance can even be used for new businesses looking
Are you thinking of taking the leap and buying a business? Buying an established business can be an attractive option for many, as you’ll be purchasing a known quantity with historical records of profitability to help with forecasting and putting a business plan together. What’s more, you’ll start with an existing customer base as well as having
