Today the British Business Bank publishes The Power of 10: 10 Year Impact Report, highlighting its impact on the UK economy. Along with the British Business Bank we’re proud to have played a part in supporting 209,000 smaller businesses in the UK. Use the following link to read the report for yourself: the following link: https://www.british-business-bank.co.uk/about/research-and-publications/power-10/10-year-impact-report […]
As small business owners step into the new year, committing to key resolutions can ensure growth and profitability. Here are our three top resolutions to prioritize: We specialize in areas of support that other lenders might not help with, so whatever your business needs, whether your business is in need of a helping hand […]
As another year comes to a close, we’ve taken the opportunity to reflect on all that we’ve accomplished. It’s hard to believe how quickly time has flown, and as we look back, we’re reminded of the many milestones we’ve reached. This year, we are especially proud of the impact we’ve made by helping many small […]
Asset Finance Following the budget, we know that full expensing has been kept – allowing businesses to deduct the full cost of qualifying new assets and equipment from their taxable profits in the year of purchase. With the increase in national insurance and minimum wage, this now means that investing in equipment to grow can be more tax efficient than […]
There are a wide range of misconceptions about business finance which stop small business owners from sustaining and growing their businesses. Here are some that we often come across: 1. Businesses only need finance when they are in trouble Not true, finance can be used to fund growth, purchase equipment and machinery, take on more […]
At Genesis we understand that many businesses are currently facing financial anxieties – with what is being trailed as a “hard budget” on the horizon reluctance to invest in new equipment or vehicles, fear of unexpected bills and concerns over cash flow are holding small businesses back. We’re here to help small business owners in […]
Last week Andrew was a guest of David Grosse and Trevor Pirie on their podcast Business Finance Matters, which focuses on all things relevant to the business finance marketplace. The podcast is now available to listen to on their website or wherever you like to get your podcasts.
The British Business Bank is excited to announce the return of Business Finance Week for its third year, now extended to two weeks 24th September – 3rd October. With a host of free nationwide and regional in-person events, webinars and more, Business Finance Week helps smaller businesses learn about the different finance options available to them to support […]
Whatever position businesses have found themselves in at the end of the summer, the need to preserve cashflow as we head into Autumn remains essential. Asset finance and asset refinance have proved to be vital for many businesses, through hire purchase and lease agreements, asset finance means a business can start using new equipment straight […]