The latest vehicles, with the best finance options

UK boating industry buoyed

The UK`s Boat & Yacht industry has seen revenues surge to their highest level since the financial crisis after the weaker pound helped drive up sales. Sales rose by 3.4 % to £3.1bn in the year to April 2017, according to a report by lobby group British Marine, while overseas sales for UK marine manufacturers rose by 4.7 % last year –  BBC news    the Guardian

Manufacturing output expands at fastest rate since 2008

ONS figures show manufacturing expanded for the seventh consecutive month in November, the longest period of monthly expansion in the sector since 1997.

During the 3 months to the end of November, manufacturing output was 3.9 % higher than the same period a year ago.      – Financial Times -BBC news Daily Mail Daily Telegraph

small firms charged 20% interest by big banks

new research reveals that high street banks are charging some customers more than 20 % in interest, despite receiving billions in tax payer support to ramp up lending.

financial information start-up DueDil found that Nat West & Santander are the most expensive of the big five high street lenders, with Nat West charging up to 29% for business loans throgh its Esme online service. The APR on Santanders online small business loans ranges from 4.9% to 25.9 % with directors required to put up their home or other assets as security. – The Sunday Times

public borrowing shrinks to 10 year low

Government borrowing was at its lowest fot a decade in 2017 according to official data. Public borrowing was £48.1bn, the lowest since 2007, the ONS said.

Tax receipts were up 5% in November 2017 compared to November last year- The Daily Telegraph     The Times    Financial Times   The Guardian

strong end to year for manufacturing

the purchasing managers index (PMI) for manufacturing shows the sector finished 2017 with the best quarter of growth in more than 3 years. There was a slight downturn in December`s growth following rapid expansion in November, but the average reading of the PMI survey for the final 3 months of the year came to 57, the best performance since the second quarter of 2014. Firms are benefitting from the drop in sterling`s value and broader global economic growth. The survey showed that manufacturers continued to see a `solid increase` in export sales, especially from the US, Europe, China & the Middle East.- The Times- Daily Telegraph- The Guardian- Daily Mail- Financial Times- Daily Express – The Independent- Daily Mirror- The Sun – Amicus Times

Fewer Zombie firms

the number of `zombie businesses` in Britain has hit a 5 1/2 year low, according to R3. It found the proportion of organisations stagnating because they can pay only the interest on their debts fell to 3% in December – 2% less than April 2017 &  down from 9% in November 2012. it is also the lowest figure since R3 began tracking Zombie businesses in June 2012. R3`s research showed further signs that severe financial distress was in retreat. Only 1% of companies reported that they were having to negotiate payment terms with creditors, that they would be unable to repay debts if there were a small rise in interest rates or were struggling to pay debts when they fell due – The Times – Amicus Times

UK floats set for a century

The annual number of floatations on the LSE is expected to top 100 for the first time since 2014, in a sign that the UK is still attractive to firms despite the Brexit vote. “despite the challenges Brexit presents, London`s highly global, deep and liquid capital markets continue to be the ideal partner for funding the worlds growth” said Nikhil Rathl, a senior executive at LSE – The Times – Daily Mail

UK manufacturing at 30 year high

the CBI`s industrial trends survey has revealed that the UK manufacturing industry has kept order books at a near 30 yesr high thanks to strong demand for motor vehicles and transport equipment. The survey, which includes the views of 371 manufacturers, revealed total order books had a balance of plus 17% with 28% of firms reporting above normal levels.

While firms predict output growth to decelerate over the next quarter, their expectations still had a positive balance of 13%, as 26% belive volumes will rise. Anna Leach, the CBI`s head of economic intelligence, said “while the lower level of sterling supports exporters, cost pressures remain intense. Businessses will expect to see the Governments Industrial Stategy make rapid progress next year to support manufacturing and the wider economy in the UK” – Daily Express- The Independent- The Guardian- The Daily Telegraph

UK unemployment half of Eurozone

The OECDs latest report shows unemployment in the Eurozone is among the highest in the developed world – and more than twice that of the UK

unemployment in the single currency blac is @ 8.8 %  compared to just 4.3 % in the uk  – Daily Mail

Economy to grow faster from 2018 after Brexit divorce deal

Berenberg Bank has forecast that the economy will grow faster in 2018 and 2019 as the expected agreement of a Brexit divorce bill should inspire more business and household confidence.

It has raised its GDP forecasts by 0.1% in each of the next 2 years. The Pound climbed to its highest level for almost 2 months against the Dollar yesterday as hopes rose that progress on the settlement with the EU would pave the way for the start of trade talks – The Daily Telegraph – The Guardian – Financial Times – The Times

UK is top tech destination

The UK has remained Europes top destination for technology investment and talent this year, according to data compiled by Atomico. So far in 2017, UK technology businesses have attracted $5.4bn in investment, compared with $2.5bn for Germany and $2.1bn in France.  London was the top city for technology talent in Europe andthe number one hub for start ups & innovation.

Tech City aka Silicon Roundabout is the third largest tech start- up cluster in the world, after San Francisco & New York – The Times – Financial Times – IT Pro Portal

Brexit could bring £65 billion windfall

A paper produced by the Economists for Free Trade Group says Britain could gain a £ 65bn windfall from Brexit if the chancellor seizes its `economic opportunities`. The Group said its own modelling showed `long run gains` including a fall in prices after abandoning EU tariffs on goods outside of Europe, `improved export performance`, less red tape, and `an end to the annual EU subscription of £10bn. The Group believes this would combine to `push growth up to nearly 3% per annum by the mid-2020s` – The Sunday Telegraph – The Sun – Sunday Express

Small business optimistic for 2018

Research conducted by Small Business Saturday shows 78 % of small firms are optimistic for the future of their business in 2018. Meanwhile the JVP Group`s latest business barometer reveals 9 out of 10 SMEs in North Wales and the North West will take on new staff in 2018. When asked about their confidence going forward, 68% of companies said they were confident about their own prospects and 16% said they felt extremely confident. – BQ Live – Business Matters

Rise of the self-employed

figures from the Office of National Statistics show that 4.86 million people work for themselves, an increase of 70,000 from the same period last year. Self-employed people now account for 15.1 % of all people in work – Manchester Evening News

UK diesel car sales fall by nearly a third in October

sales of diesel cars fell by nearly a third in October compared to last year, with overall vehicle sales falling by 12 % – BBC News, The Independent, The Times

UK Service Sector sees best results for 6 months

the UK Service Sector saw its best results for six months in October with the latest PMI increasing from 53.6 to 55.6 after a disappointing month in September.

This comes after the UK manufacturing sector beat expectations with its growth results earlier this week, and UK construction, while still struggling, showed improvement on last month

The latest services figures  demonstrate the fastest rate of growth since April 2017, with improved  orders and continued customer demand. Input inflation costs also slowed to the lowest for just over a year. This marks a positive move in the right direction and along with other encoraging sector data, perhaps offers additional confidence in the UK economy.

New orders continued to increase at a robust pace and new work has grown at the quickest rate for six months, thanks to improving demand domestically and new product launches in the sector.

  • Halo Financial – London loves Business

Record number of Bank closures

Banks in Britain are set to close a record 762 branches this year, depriving more customers of access to in-person financial services as Lenders cut costs by pushing business online. The number of branches shut or earmarked for closure this year is more than the 583 closed in 2016 and is the most on record – City AM / Business Day/ Yorkshire Post

Solutions to short-term cash flow problems

Richard Spielbichler of Independent Growth Finance explains that Invoice Finance and Asset-based lending can help businesses circumvent short-term cash flow problems. He says both Invoice Finance and wider Asset-based lending options can be ideal for supporting long term growth – Real Business

increase in Electric Car sales

figures released by the Society of Motor Manufacturers & Traders in August, show that the registration of pure Electric cars shot up by 105 % year on year in July

the registration of Petrol-Electric Hybrids soared by 76.8 % to 5,310 units, nearly 30,000 units over the first 7 months of this year

in contrast the registration of Diesel cars fell by more than 20% to 69,157 in July, an 11% drop over the first 7 months of the year – Business Car Magazine

Construction SMEs resort to self-funding

The directors of small British construction businesses are lending them more money to plug a funding gap as Banks set tighter lending criteria, focusing on larger players, and major contractors delay payments. A survey of traders including electricians, plumbers and decorators, by online finance market Funding Options, found directors lent the companies £38 million in 2015/16, up from £ 29.7 million. Funding Options warned that subcontractors that fail to find secure funding solutions could face insolvency – Daily Mail/Yorkshire Post

Funding Concerns

A recent study by Insurer Hiscox has revealed that 36% of business owners said a lack of choice was the most common single challenge they faced when looking for funding. What also emerged was that 20% are still unaware of the variety of funding options available to them. Meanwhile, a discussion paper from the Institute for Public Policy Research Commission on Economic Justice warns the financial sector is `not sufficiently supporting` long-term investment in the domestic economy, with small firms `frequently unable` to access neccessary bank lending . – Business Matters/The Herald

Visa plans to pay businesses to ban Cash

Visa could pay British businessesto stop accepting coins & notes, after its chief executive vowed to `put cash out of business`. The Telegraph reports that Visa will offer shops & restaurants lump sums worth thousands of pounds, as well as free contactless technology upgrades, if they ensure that customers only pay by debit card, credit card or digital payment such as Apple Pay. The FSB said that making businesses cashless could hinder tourists who use cash, and people living in rural areas with slower broadband speeds. – Tne Daily Telegraph/The Times/The Sun

Cancelled Order – great deal on Skoda Superb Estate

One only New Skoda Superb  2.0 Tdi CR 190 Sport Line DSG Auto Estate in Laser White

includes Sat Nav., Bluetooth, Leather etc

Contract Hire @ £ 229 + vat based on 6 + 23 10k pa NON Maintenance (same deal through Lex is £ 470 pm)

Finance to Business

in Quarter 4 of 2016 the  combined Net Lending to Businesses of 22 UK Banks was £220 million, whereas Net Lending by Funding Circle alone was £167 million – why not think of other options to your Bank – source Funding Circle

New Speeding Penalties

the Governement has introduced tougher penalties for Speeding offences  following an increase of 44 % over the last 5 years

they came into force on 24th April 2017 and mean that offenders will be fined based on a percentage of their weekly income & severity of the offence

there are 3 Offence Bands (Band A example 36mph in a 30mph zone minimum Fine £ 132 rising to Band C 105mph in a 70 mph zone maximum fine of £ 929)

Worst cars for pollution

Which? has carried out tests on diesel cars analysing 278 diesel cars from leading carmakers between 2012 and 2016 testing average NOx emissions alongside official Euro 5 & more recent Euro 6 limits (set at 0.18g/km & 0.08g/km respectively)

all 16 Renault cars had NOx emissions up to 4 times higher for Euro 5 & 9 times higher for Euro 6 limits – 0.73g/km & 0.72g/km respectively

6 Nissan cars tested had average NOx emissions of 0.8g/km

Jeep also had some of the highest emissions- 1.735 g/km on the 2 cars tested – 9.5 times the Euro 5 limit

the 33 BMW cars tested had some of the lowest NOx emissions – average of 0.41g/km for Euro 5 & 0.14g/km for Euro 6 – John Kiran Motor Trader

Tesla passes Ford in market value

Tesla has passed Ford in market value after shares in the firm added more than 7 per cent

at recent close of trading, Tesla had a market value of $49billion (£38billion), whereas Fords value was $46billion

Teslas shares rose after an announcementof record car deliveries in the first 3 months of this year

beat the Vehicle Excise Duty rise

there are a limited number of  March Pre-Registered cars available which can save you £s –  see Latest Offers page or contact us for details

US trade deal could see prices fall within 6 months

A report claims that a trade deal with the US that would send prices for British consumers tumbling could take less than 6 months to agree. Shoppers would benefit from cheaper food, cars and clothes imported from America under the proposals to cut tariffs. The plan for a fast-track trade deal between Teresa May`s Government and Preident Donald Trump`s White House administration has been put forward in a report publishe today by the Eurosceptic group Leave Means Leave. – Daily Express

Tax deadline worries ?

did you know that we have access to 63 Lenders and some of them offer Loans from £ 1000- £ 5 million for  Tax Bills, Cash Flow, Stock Purchases -all sorts of short term requirements

More firms opt for Asset Finance

A report by the Asset Based Finance Association shows asset-based finance is closing in on Bank Overdrafts market share as a source of finance. It found that £9.5 Billion was lent to small businesses via asset based finance in 2016, a 3% increase from £9.2Billion in 2015. In contrast. the number of business bank overdrafts decreased by 2% to an average of £12.4Billion in 2016, down from £12.6Billion from the previous year. Jeff Longhurst , chief executive of the ABFA, said “businesses are realising they can leverage the value of assets such as outstanding Invoices for the direct benefit of their businesses- and there are a number of flexible options they can choose from”. – Startups

Bricklaying Robots on their way to the UK

Robot bricklayers could arrive on building sites in Britain in months, construction experts have told the Times. The devices have already started replacing humans on a handful of sites in America, with the newly launched Sam (Semi-Automated Mason) capable of laying up to 3,000 bricks a day compared with the human average of 500.  Construction Robotics, SAms creator, has said that company executives aim to introduce the robots in Britain

Government Borrowing down

Government borrowing fell to £ 1.8 Billion in February, down from £ 4.6 Billion a year ago according to the ONS

following a rise in Corporation Tax receipts up by 21.3 % to £ 50Billion

in the financial year to date, borrowing has fallen by £ 19.9 Billion from last year to £ 47.8 Billion

Accessing Finance requires a leap for gazelles

the Commons business, energy and industrial strategy committee has warned that access to finance is posing a barrier to high-growth small businesses

  • the Daily Telegraph

Highest New Car Registrations

January saw the highest number of New Car registrations in that month for 12 years – it is widely believed that one of the main reasons is the increase in Vehicle Excise Duty for new cars from 1st April

Save £000`s on 66 Plate Commercial Vehicles

there are a range of Nissan, Fiat, Vauxhall , Citroen & Renault Vans with excellent savings

ranging from over £ 4,000 off a Nissan Navara Double Cab to over  £ 10,000 saving on a Vauxhall Movano Van

contact for details – Limited numbers available

Price Protected Renault Vans

there are a limited number of Trafic & Master Vans which have been registered to beat the 1st April Price increase – contact us for details

Access to Funding

a new study from Aldermore Bank has highlighted that 19% of British SMEs have missed out on business opportunities because they couldn`t access finance

-if this is you  please contact us – we have access to 59 Lenders

Finance for £ 25k Furnace

in April we  completed the finance on Hire Purchase over 5 years for a New Furnace costing £25k for a Diecasting company based in Bridgnorth, Shropshire

Sale & Hire Purchase Back Finance for £ 335k Sheet Metal Machine

in September we arranged the finance on a Sale & Hire Purchase back facility for an engineering company in South London

the goods were supplied by a German manufacturer

Finance for £ 45k Computer System

in October we arranged finance on Hire Purchase over 5 years for an Insurance company in East Sussex

Finance for £ 25k Telephone System

in October we arranged finance on Hire Purchase over 5 years for a Charity in Easst Sussex

Finance for £ 60k Optical Machine

in November we arranged finance on Hire Purchase over a 5 year period for a company in East Sussex

Finance for Kawasaki Mule

we recently financed a  Kawasaki Mule 4wd multi purpose vehicle for a Zoo on Hire Purchase over a 4 year term

Cheapest Berlingo prices ever ?

Citroen Berlingo 1.6Hdi 625kg 75ps Enterprise Van  (inc Sat Nav., Rear Parking Sensor, Bluetooth, Air Con etc)

Contract Hire 24 months  3 + 23  10k pa NON Maintenance @ £ 139 pm + vat

Financial Conduct Authority

Trafalgar Leasing and Asset Finance are Authorised and regulated by the Financial Conduct Authority

and are Appointed Representatives of Asset Finance Solutions UK Ltd

Help for the Farming Community – Hitachi Capital




From: Sonia Rai []
Sent: 11 February 2014 11:47
Subject: Support for the farming community


As a business that has been a major supporter of the farming community for many years we recognise and are dismayed by the severe impact the flood conditions are having on individual livelihoods and businesses.


We are able to provide immediate financial assistance where cash flow issues have arisen due to this situation and we would advise you and your customers to contact our Support team on 0844 375 55060844 375 5506 . We can offer a number of solutions including three month repayment holidays where required.  We will be waiving all normal fees under these circumstances.


We also recognise that unforeseen replacement or new equipment may be required to repair the damage caused by the weather conditions and have allocated £4m of short term funding at zero percent interest to assist.  We are covering the full cost of the interest during this period and it is available on any appropriate asset purchase through a 6 month hire purchase facility, with a single capital repayment at the end of the agreement*.


All of us at Hitachi Capital Business Finance are fully committed to ensuring our farming customers and partners are fully supported during this unprecedented period.


Kind regards


Gavin Wraith-Carter

Head of Risk


*Customers will have the option to request extensions of this agreement on normal terms at the end of the period should they wish.



Hitachi Capital (UK) PLC is registered in England and Wales, Company No. 1630491. Registered Office: Hitachi Capital House, Thorpe Road, Staines-upon-Thames, Surrey, TW18 3HP.

Save over 50 % on Used `12` plate Volvo V60 D5 SE Lux Geartronic Estate

`12` plate Volvo V60 with Sat.Nav, Leather, Metallic, Climate, Rear Park Assist , Heated Front Seats etc

@ £ 18,600 (inc 12 months RFL) –  New List Price is £ 39,000 – Limited numbers

Save over £100 per month on Ford Focus 1.6 Tdci Zetec @ £ 169 pm

new Ford Focus 1.6 Tdci Zetec 5 door Hatchback + Metallic paint @ £ 169.99 + vat per month

based on a 24 months Contract Hire deal 3 rentals deposit followed by 23 rentals 10, 000 miles per annum Non Maintenance

Limited numbers available offer ends 30th September or while stock lasts

Great Savings on New Vans

Save over £ 12,000 on New Peugeot Boxer Vans,   £ 7,000 on Vauxhall Vivaro Vans, £ 5,500 off Peugeot Partner Van – see Latest Offers Page for full details of these and other great savings