Financially, the Covid-19 Crisis is being billed as the worst recession in living memory and, in truth, the financial element is still to hit. So what do we do? As in all financial crises there are winners and losers. The government has waived stamp duty on purchases below £500k to stimulate the market but, in times of uncertainty, will that be enough to stop a fall in asset values?

The challenges faced when securing finance to help you to expand your vehicle rental firm often make it feel like finding a suitable provider is an impossible task. However, sometimes you need to cast your net wide and consider alternative companies and financial products.

If you want your finance application to succeed, you need to ensure that your potential lenders understand that you're reliable and capable of making all of your repayments on time. But how do you prove to someone who may never have met you that your company isn't high risk? Here are four steps that you can take to engender trust.

When many hear the terms 'bridging finance' and 'bridging loans', you might think of lending instruments which allow you to buy a new property before you've managed to sell the property you already own. However, while bridging finance can be used in that situation, it also has a range of other uses – and it can be a handy option for business owners looking for funding, especially short-term.

Obtaining funding for a healthcare business can be tricky, particularly if you don't have substantial assets. Whether you want to buy out a partner, expand your premises, purchase equipment, or cover an unexpected bill, there are lending instruments that could work for you. Let's look at some of the available solutions.

Even though community pharmacy funding escaped the government’s proposed £33m budget reduction for 2018/2019, pharmacists are naturally dismayed that it has not been increased. Past history of austerity measures indicates that cuts may well come sooner rather than later. Uncertainty has made many community pharmacies look to private sources of funding to acquire the modern assets required for growth. These include cash loans from banks and other providers. Depending on what the funds are needed for, asset finance may be a more accessible and cost-effective alternative.

When you have a compelling business case to grow a section of your business, it’s time to act and turn potential into reality. The right equipment can transform your productivity, capacity to innovate, your processes and profitability. If the equipment cannot be purchased from working capital, the finance options are either a bank loan or asset finance. What are the differences between these two types of lending?

Asset finance is a good funding choice for expanding businesses because it is easily accessed, secured by the asset, and fast to obtain. Possible business applications include:

Business growth frequently requires capital investment that cannot always be met from existing resources. In these cases asset finance provides a cost effective means of acquiring vital equipment straightaway without straining your cashflow or having to take out a large loan. Even when adequate capital is available, asset finance enables it to be conserved or more usefully directed towards other areas of the business.

Calculating an organisation’s credit rating is a delicate art. The calculations include: