The business implications of failing to upgrade equipment
Take a look around your workplace. How much of the equipment do you use on a regular basis – and how much of it is used infrequently or not at all?
Take a look around your workplace. How much of the equipment do you use on a regular basis – and how much of it is used infrequently or not at all?
Our recent survey has highlighted that a lack of funding is a fundamental barrier to growth for UK businesses.
Understanding the ins and outs of bank lending can often be difficult. Discover what you need to know about asset-based lending, an often-overlooked source of finance.
Shire Leasing Plc was praised as a ‘highly commended employer’ at a business awards evening hosted by the Staffordshire Chambers of Commerce. The ceremony, which took place at the Staffordshire County Showground on the 9th July, was held to highlight the region’s most rounded and successful businesses.
Businesses looking for a quick injection of capital will usually take the conventional route of a standard bank loan. In periods of working capital requirement, the most suitable borrowing option might be an asset-based loan, which can prove an effective source of alternative finance.
As a method for raising working capital, asset-based loans are especially popular for medium and larger sized enterprises. Utilising this type of loan effectively can help businesses to grow by liberating tied up capital that is stored in assets.
Shire Leasing Plc’s Finance Director, Helen Lumb, gave an informative talk to audience members last Thursday at a conference hosted by the British Business Bank. Held at the Old Library inside The Custard Factory, the conference was held to highlight the growth of alternative finance in the UK and the…
Re-financing, if done correctly, can transform the fate of a business, providing an extra injection of cash from a new and revised loan agreement. As with all business undertakings though, timing is everything.
Finding a fast and easy way of raising capital and improving cash flow is often one of the most important challenges for UK enterprises. One fairly simple option, open to a wide array of businesses, is asset re-financing.