April has brought rising costs, National Insurance and Minimum Wage increases coming into effect have left businesses with significantly increased overheads and global uncertainty is causing low confidence. It’s crucial to explore practical strategies that can mitigate the impact of these changes and keep operations running smoothly. Here are our top 3 effective ways for […]
As we head into Spring now is the perfect time to take a fresh look at your business’s financial situation. Low on cash reserves? With asset refinance funds can be released quickly and, with fixed monthly repayments over a longer term than many unsecured loans, repayments are much more manageable. With National Insurance and Minimum Wage increases coming […]
In the spirit of Valentine’s Day, we’ve been reflecting on what we truly love – and it’s definitely not the same as other lenders! While most funders focus on the same criteria, we’re willing to consider slightly older assets and bundles of lower value assets that others often overlook. As specialists in asset refinancing we’re able […]
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 […]