Interest Rates Rise to 5%: Protect Your Business Cashflow
It may be Friday, but the Friday feeling has sadly faded away for many businesses this week as The Bank of England announced yet another rise in interest rates. At it’s highest since 2008, the interest rate has risen to 5% – taking a very unexpected move for the countries financial state. The inflation rate […]
The Pre-Christmas Rush in Logistics: Why It Pays to Prepare for the 25th Dec Excitement Now
Whilst Christmas may not be top of your list to think about just yet, we’re mentioning it for good reason. As logistics finance specialists, we appreciate how pressured this time of year can be with such a sudden increase in business. Trying to cope with the level of demand on the same supply chain can […]
Work for a Construction Company? Here’s How Invoice Finance Can Help
Whilst we have helped countless construction companies over the years with business finance and are widely recognised as a specialist provider of this, one of our lesser-known lending options is Invoice Finance (IF). Invoice Finance is perfect for construction companies as it supports the challenges you face that impact on cash flow and prevent growth. […]
Asset Finance: Understanding exactly what assets qualify for business finance
You may be surprised at just how many of your business assets you can apply for finance on. For example, have you ever considered approaching a lender for funding new office lighting? Whilst many people associate asset finance with larger scale purchases like vehicles or property, the reality is you can apply for business finance […]
Invoice Finance: The Powerful Facility Available to You within 24hrs
The basic premises of Invoice Finance is that you receive a pre-agreed percentage of your invoice within 24 hours of raising it. The predetermined amount can vary, but using recruitment as an example, 90% is the norm. This applies to invoices for temporary staff. Invoices for permanent placements can be factored, however generally only as […]
Invoice Finance: 3 Reasons Why It’s the Perfect Solution for Recruitment Companies
Have you considered Invoice Finance? According to Close Brothers Business Barometer research, almost two thirds (62%) of recruitment business leaders say that late payments cause problems for their business, with a third saying that they spend valuable time chasing payments. It’s a real problem in the recruitment industry, often down to the need to pay […]
Moorgate Finance: 10 Brilliant Reasons to Get to Know ‘Moor’ About Us
Moorgate Finance are a well-established broker of 8 years based in the Midlands and offering National coverage. When it comes to owning a business, we know your business is your baby. Business owners work tirelessly to build their empire, and that’s why we take our role as your finance supplier seriously – treating every customer […]
Spring Budget 2023: Points of Interest for Drivers & Their Businesses
Following the release of the Spring Budget in March, Chancellor Jeremy Hunt has announced several changes that will impact on drivers and businesses that use vehicles and machinery to operate. The Chancellor has promised to eliminate ‘obstacles that restrict firms from investing’. Here’s a round-up of both the good and not-so-good changes and how they […]
THE CHANCELLOR’S ‘BACK TO WORK’ SPRING BUDGET RECAP
Jeremy Hunt announced his “budget for growth” from the despatch box, promising to eliminate “obstacles that restrict firms from investing” by addressing labour shortages that prohibit them from hiring and “tear down barriers” that limit people from working. Hunt alluded to an economy that was ‘on the right track’ and ‘proving the critics wrong’ releasing […]
Corporation Tax is changing April 1st – Are you ready?
In the UK, a limited company must pay Corporation Tax on the profits it generates, which currently sits at 19%. Businesses pay Corporation Tax on trading profits, investments and chargeable gains (the selling of assets for a great value than purchased). Assets such as property, land, equipment, and company shares. How is Corporation Tax […]
