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SMEs gain confidence from easing of restrictions and EUROs
Despite the result for England in the final, small businesses will have welcomed the boost the tournament has brought them, along with the easing of Covid restrictions. Latest figures from one of Johnson Reed's panel of lenders, Hitachi Capital, have found that SMEs...
Asset Finance market up 106% in May
Following an 80% rise in April in the alternative finance market, latest figures by the Finance and Leasing Association (FLA) show the growth in leasing and and hire purchase new business in May 2021, compared with the same month 2020. For the five month period from...
UK economy grows at fastest pace since last summer
Research from ONS shows that in April the UK grew at its fastest pace since lockdown was eased last summer, with retail reopening and schooling resuming, strong numbers have contributed to a recovery similar to that of pre-pandemic levels. The volume of goods and...
Alternative Finance Market grew by 80% in April
Latest figures from the Finance & Leasing Association (“FLA”) show the growth in total asset finance new business (primarily leasing and hire purchase) grew by 80% in April 2021 compared with April 2020. In the first four months of 2021, new business was 15%...
Why does your Business need Finance?
For small businesses, having secure finances and looking after the bottom line is your priority, more so now than ever. This means making sure that your cash flow is strong and your money goes further, to ensure you can carry on trading and making a profit, whilst...
Why does your Bar or Restaurant need Finance?
For bars and restaurants, having secure finances and looking after the bottom line is your priority, more so now than ever. This means making sure that your cash flow is strong and your money goes further, to ensure you can carry on trading and making a profit, whilst...
Why does your Chippy need Finance?
For chip shops, having secure finances and looking after the bottom line is your priority, more so now than ever. This means making sure that your cash flow is strong and your money goes further, to ensure you can carry on trading and making a profit, whilst keeping...
Why does your Gym need Finance?
For gyms and fitness studios, having secure finances and looking after the bottom line is your priority, more so now than ever. This means making sure that your cash flow is strong and your money goes further, to ensure you can carry on trading and making a profit,...
Why choose Alternative Finance?
With retail, hospitality and leisure businesses opening again, and demand for suppliers, manufacturing and construction greater than ever, it is important that companies have the facilities to expand, grow and invest in the future. With cash flow becoming one of the...
Recovery Loan Scheme vs. CBILS: What’s the difference?
On 3rd March 2021, Chancellor Rishi Sunak declared that the Coronavirus Business Interruption Loan Scheme (CBILS) would come to an end at the end of March, to be replaced with the Recovery Loan Scheme (RLS) from 6th April 2021, taking applications until 31st December...
