Many high street banks are struggling to keep up with growing demand in addition to being lumbered with the addition factors of skeleton staff and dealing with payment holidays. At Moorgate finance we are open for business as usual and able to leverage on the valuable relationships we have built with our diverse panel of…
Figures from the National Association of Commercial Finance broker’s (NACFB) survey this week revealed that a UK SME is 33% more likely to successfully receive critical funding via an intermediary than approaching a lender directly. The success rate was over a third higher than last week’s findings from the British Chamber of Commerce that revealed…
In recent weeks we have had an influx of questions and enquiries relating to the Governments CBILS schemes, and it’s easy to see why. This scheme is brand new, and with limited precedent in the past, it seems ever evolving within an ever evolving market. This means that lenders are frequently entering, leaving, changing, adapting…
Setting up your own business is not easy and requires a lot of hard work and determination to keep it going. And due to the increase in SME businesses it’s becoming more and more important to stand out from your competition. So how can SMEs overcome these challenges and stand out from the crowd? Social…
When choosing to take out finance there are many different choices to consider. A finance lease and hire purchase are both options for financing assets over a fixed period. Both of these options vary in many ways, such as ownership of the asset, depreciation, rental payments and the tax impact. What is a lease? A…
At Moorgate Finance our main product is asset finance, but what is it? When a company chooses to expand their business it often requires the use of additional equipment. Farms may need to invest in more tractors, whilst distribution companies may need more delivery vehicles and IT companies might need more software and IT equipment….
When shipping containers are purchased in one full payment it’s an asset that can’t be put against capital allowances. This means the owner is not entitled to the full tax benefits at the end of the financial year, so can’t offset their profits from it. So instead of purchasing containers in one payment many people…
With just a week to go until Halloween we have put together a guide on how to make the perfect Toffee Apples. They only take 20 minutes to make and are great for Halloween parties. Ingredients: 8 red apples 300 grams of caster sugar 150ml water 2 tbsp golden syrup 1 tsp of lemon juice…
A bridging loan is a short-term loan that is popular for individuals and businesses when they need to settle a transaction in a short time period, and have not had the time to arrange funding. Funding can be arranged against commercial or residential property or other assets with enough equity. Open-ended bridging products are ideal…
Offering finance to your customers is an effective way to sell more products and services especially if the financing option is affordable. To ensure your customers continue to see your business in a good light, finding the customer financing option with the best possible rates and flexibility is essential. Customer financing allows customers to enroll…