Now that summer has arrived the general mood of the nation seems to have improved, even despite England's early exit from the World Cup. Alongside that, business confidence remains high - the ICAEW/Grant Thorton business confidence monitor shows "confidence is stabilising at a high level after rising for six consecutive quarters". Many businesses are looking to [...]
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We were asked to look at providing funding for new industrial CNC machines to a business in the midst of being sold to an external corporate. Pending completion of the sale of the business the existing shareholders of the trading company had placed an embargo on the company taking on any more balance-sheet debt; unforeseen [...]
When it comes to financing the purchase of new equipment and assets many businesses can struggle to find the capital to provide the required deposit - after all, the reason the equipment is being financed is often because a company doesn't want to spend the capital required to purchase the assets outright and would prefer [...]
Genesis Asset Finance are pleased to announce that we have recently become Patrons of the National Association of Commercial Finance Brokers (NACFB). The NACFB exists to promote good standards and practice across the commercial finance industry and Genesis are proud to support the assocation. The NACFB provides training and certification to member commercial finance brokers ensuring [...]
Although the asset finance sector grew only 1 per cent in the year to September 2012 there has been significant growth in Plant and Machinery finance which increased 15 per cent in the same period. At Genesis Asset Finance we specialise in Plant and Machinery finance and refinance and are always ready to talk to brokers [...]