Asset finance sector shows good start to 2014

Asset finance sector shows good start to 2014

The Finance and Leasing Association (FLA) have released figures this month showing that new asset finance business for FLA members is on the rise in January 2014. The figures show that the increase is 9% to almost £1.7 billion, versus January 2013. A lot of the...
Budget 2014 – Verdict on SMEs

Budget 2014 – Verdict on SMEs

This year’s Budget came with it’s own slogan: If you’re a maker, a doer or a saver: this Budget is for you. The Chancellor’s budget speech on Wednesday was an interesting one, with a few surprises (for pensions) and some big bonuses for UK...

Time running out until FCA takeover of consumer credit industry

Time is running out for businesses who operate in the consumer credit industry to make the switch from their old Office of Fair Trading (OFT) license to the new Financial Conduct Authority (FCA) interim permission. The handover from the OFT to the FCA (the...

UK economy forecast return to pre-recession high by summer

It’s good news for the British public. The British Chambers of Commerce (BCC) lobby group has said that it believes the UK economy to return to the pre-recession peak by summer of this year. It claims that by April, the GDP will rise to the level of the start of...

Award winning storage business expands

Attic Self Storage started in 2008 with help from Johnson Reed Corporate Credit, obtaining finance for mezzanine, unit fit-out, goods lifts on site and advanced access control and CCTV systems. With an enviable location overlooking the Olympic park in Bow, East London...
Business lending channels “damaged”

Business lending channels “damaged”

Last month, the British Chamber of Commerce (BCC) released a statement claiming that the business lending channels were “damaged”, amidst reports that the net business lending fell by almost £2bn in December 2013, and drew stark comparison to the...
NACFB opens registration for its fifth Commercial Finance Expo

NACFB opens registration for its fifth Commercial Finance Expo

The fifth annual Commercial Finance Expo is nearly upon us! Set to open on 25th June, doors open at The Pavilion at the NEC Birmingham at 9:30am sharp, letting visitors into the world of commercial finance lenders and funders. Organised by the NACFB, the National...