Enable Business Finance

Have a great St Patricks Day

Phillip Evans — Fri, 16 Mar 2012 08:32:32 +0000

Ok so I’m not Irish but we all know what St. Patricks Day is all about… having a good time with friends and family down the pub and with a big Rugby weekend, it perhaps doesn’t get better.

What Is Trade Finance

Phillip Evans — Wed, 14 Mar 2012 09:14:38 +0000

An article about what is trade finance and how it works; more specifically how this business finance product can help import and export Companies trade internationally. The article talks about Letters of Credit and how you can use trade finance in conjunction with export invoice discounting.

Interruption to telephone lines

Phillip Evans — Mon, 05 Mar 2012 14:24:05 +0000

We apologies for the disruption to our telephone lines. I can confirm that these have now all been rectified and all telephones are now working.

Apologies once again.

The market for bridging loans is growing fast

Phillip Evans — Wed, 29 Feb 2012 17:13:32 +0000

There are two types of bridging loan – open, where there is no definite date for the end of the loan, and closed, where there is a known redemption date.

The demand for bridging loans is growing rapidly. Annual lending in the sector is estimated to total around £2.5 bn and is growing at 25 per cent a year. As loans are repaid so quickly, outstanding balances total around £1.2bn, little more than one-tenth of 1 per cent of total mortgage balances.

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Invoice Factoring A Way To Fund Your Business Growth

Phillip Evans — Mon, 27 Feb 2012 13:41:39 +0000

Are you looking at invoice factoring as a way to finance your business? Typically once you have issued an invoice for work done or products supplied you will have to wait 30, 60 or even 90 days for your customers to pay. These days when most businesses are suffering from the economic downturn, waiting this long for payment can cause severe problems to even the most financially viable business. One solution to this problem is invoice factoring.

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Business tips from BBC the bottom line

Phillip Evans — Fri, 24 Feb 2012 09:29:50 +0000

Yesterday I blogged about Lara Morgan and her Company Shortcuts that I discovered while listening to Radio 4′s The Bottom Line hosted by Evan Davis. I really think this program is great for all business owners or want to be business owners, the business tips you pick up are priceless.

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Business Owners, Excellent Business Advice & Shortcuts From Lara Morgan

Phillip Evans — Thu, 23 Feb 2012 09:09:21 +0000

I think this is a great resource for entrepreneurs and busy Company owners and Directors. I first heard about Lara Morgan on Evan Davis’s “The Bottom Line” which I think is a great radio program.

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Yorkshire Business Could Miss Out On £12bn Economic Benefits

Phillip Evans — Wed, 22 Feb 2012 14:09:44 +0000

Yorkshire could miss out on huge financial benefits unless of course the government funds Network Rail’s £560m Northern Hub programme, according to a new research. The Yorkshire Rail Network Research has highlighted up to £12bn of financial benefits that could be unlocked by means of measures to increase Yorkshire’s rail connectivity.

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New Trade Finance Facility Enters The Market

Phillip Evans — Tue, 21 Feb 2012 09:38:24 +0000

A new trade finance providers has entered the market place for UK buyers. The facility has been two years in development and brings together a very robust platform for both buyers and sellers to transact business on. This new trade finance facility is a great addition to your existing business finance arrangements, moreover, because the facility is balance sheet neutral it does not interfere with any of your existing commercial finance or banking relationships.

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R&D allowance, are you claiming properly?

Phillip Evans — Tue, 10 Jan 2012 16:35:06 +0000

Currently Research and Development costs can be claimed back at 200%. Here is a statement from HMRC’s website:

“From 1 April 2011, the tax relief on allowable R&D costs is 200 per cent – that is, for each £100 of qualifying costs, your company or organisation could have the income on which Corporation Tax is paid reduced by an additional £100 on top of the £100 spent. It also includes a payable credit in some circumstances.”

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