During the current period of economic uncertainty due to the ongoing COVID-19 pandemic, the April 2021 budget was always expected to announce additional measures to support struggling businesses. Rishi Sunak announced an entirely new allowance ‘Super Deduction’ to help encourage business to invest in qualifying plant and machinery. The idea of the Super Deduction Capital Allowance is to encourage investment, which in turn will help British businesses to become more… Read More »What Is Super Deduction and How Can It Help You?
MC Commercial Finance
Invoice financing, when used appropriately, is a beneficial financial product within the manufacturing industry. Manufacturing businesses often struggle to maintain consistent cash-flow making it difficult to budget effectively. Times of economic downturn and business growth can both put strain on the cash-flow of manufacturing organisations; this is where utilising invoice finance facilities can assist business to navigate peaks and troughs and maintain liquidity and trading viability. What is Invoice Finance?… Read More »Invoice Finance for Manufacturing
Asset Finance covers a wide spectrum of products that enables businesses to finance larger purchases. In this article we are going to look specifically at the finance options for commercial vehicles. Whether you need a car or a fleet of cars, vans, trucks or lorries, vehicles are a vital component of many businesses. However, the cost of commercial vehicles needs to be managed for efficient cash flow and expenditure; this… Read More »What is Commercial Vehicle Asset Finance and How Can it Help Your Business?
January 2021 is a difficult time for many industries, including the construction and manufacturing sectors. In the midst of Covid-19 lockdown number 3, engineering and construction can continue, however, uncertainty reigns supreme with circulating rumours over increasing lockdown measures, in addition to the ongoing financial and economic impacts of the past 12 months. Asset finance can be used by organisations to help in a variety of different ways; keep reading… Read More »Asset Finance for Plant and Machinery: All the Information You Need