The latest vehicles, with the best finance options

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)