Genesis Asset Finance Ltd, the family-owned CBILS accredited lender, has announced the completion of a Management Buy-Out. Brothers Andrew and Eddie Frost, current Directors, have assumed control of the business from the founding shareholders Jeremy and Kathryn Frost. Since its launch in 2000 the Glossop-based independent lender has provided hire purchase and leasing solutions [...]
We’ve been busy providing both our normal and #CBILS facilities to businesses recently – we can help businesses raise cash using #assetrefinance or invest in equipment just like we helped these businesses…
The Coronavirus Business Interruption Loan Scheme ('CBILS') deadline has been extended and now closes to new application on the 31st January 2021; applications received before that date can be processed and paid out until 31st March 2021 at the latest. The CBILS eligibility criteria for businesses are: The business [...]
We've been busy providing both our normal and #CBILS facilities to businesses recently - we can help businesses raise cash using #assetrefinance or invest in equipment just like we helped these businesses...
The Coronavirus Business Interruption Loan Scheme (CBILS) has been operational for over 3 months and we're proud to have supported a number of businesses under the scheme, approving over £1.1m of CBILS facilities. CBILS continues to evolve and there has been a significant change to the scheme. The 'Business In Difficulty' Test that we [...]
We’ve been busy helping customers with CBILS and non-CBILS requests these past few weeks. Because we always manually underwrite every application we can find solutions where others can’t – take a look at some of the ways we’ve been #goingtheextramile recently.
The Bounce Back Loan Scheme (BBLS) was launched on the 4th May 2020 alongside the existing Coronavirus Business Interruption Loan Scheme (CBILS). This is intended to provide micro and small businesses with the ability to borrow up to £50,000 quickly. However, there are some key features business should understand before applying for a "Bounce [...]
We will be closing for Christmas at 4:30pm on Friday 21st December 2018 and reopening at 9:00am on Wednesday 2nd January 2019. We would like to wish all our customers, introducers and partners a joyful Christmas and a peaceful New Year; we look forward to working with you in 2019.
We're delighted to announce that Andrew Frost has recently been promoted to the role of Director. Having joined the company 5 years ago as a Business Development Manager Andrew has been heavily involved in our growth, building a network of introducers and bringing new clients on board. In addition, Andrew has overseen our operational development [...]
With an experienced team and flexibility to structure facilities for clients we're able to finance a wide variety of businesses. Here's some that we've recently helped:
