North West Business Finance
Tel 01517225959 - Fax 0870 778 0059
Dave Murphy - Mobile - 07740 095704
dave@nwbf.org.uk
Covid-19 – we are here to support you!
NWBF can still help you today, and in the coming weeks and months, to help with your specific cashflow related requirements, as well as to resume more regular business activities projects and Lending Requirements.
Please get in touch to find how how we can raise cash for your business
Scroll Down to see our latest News Items and to find out exactly who we are and what we do!
====================================================================================- Have you developed or invested in any bespoke products, materials, devices, processes and/or services?
- Has your company made improvements to your products, materials, devices, services and internal processes?
- Has any of your development work involved technological or scientific difficulty in terms of how to achieve your aims or required you to have to trial and test a possible solution with no guarantee of success?
- Have you been involved in a project where the industry standard solution did not meet your requirements and you had to think outside the box to solve the problem?
- Have you had to resolve technical problems with any of your products?
- Have you experimented with any new equipment or production techniques?
- Do you have clients who come to you for your expertise and specialist abilities?
- Are you regularly problem solving for your customer needs?
- Have you developed, introduced or improved any software for your business?
What could I get?
According to recent statistics provided by HMRC the average claim made by small and medium sized companies in the UK in 2017/18 was £61,314, but for many companies it can be much more.
R&D tax credits are available to small and medium-sized companies (SME’s) and also to large companies.
An SME is a company which has fewer than 500 employees and either a turnover of less than €100m or a balance sheet of less than €86m.
The R&D SME regime allows a company to deduct an extra 130% of their qualifying expenditure from their yearly profit, as well as the normal 100% deduction, to make a total 230% deduction or claim a tax credit if the company is loss making, worth up to 14.5% of the surrenderable loss.
R&D SME tax relief is worth 33p for every £1 spent on qualifying R&D expenditure.
Large companies (or SMEs who can`t claim through the SME regime) can claim R&D tax relief through a regime called RDEC (Research and Development Expenditure Credit). Companies claiming through RDEC can claim a tax credit of 12% of the cost of qualifying R&D expenditure incurred.
RDEC is worth up to 9.72% of qualifying R&D expenditure (8.91% prior to 1 January 2018) to a large company subject to the 19% corporation tax rate and applying the 12% relevant percentage from 1 January 2018.
Please get in Touch to see if you Qualifyxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
- Short term funding solutions primarily backed by sales invoice.
- No documentation/legal fees, no minimum term or charges and no contracts.
- All sectors considered including construction.
- Examples of current client requirements: Single debtor, Single invoice, VAT payment, fund deposits for asset finance, working capital, fund quarterly stock requirement therefore monthly Service Charges are too costly, seasonal businesses.
- One charge rate of 0.22% per day on outstanding borrowings not the invoice amount and therefore easy for clients to budget and calculate charges.
- Minimum transaction amount £10k
- Short term commercial loans considered (3 month period) but must have an exit route e.g. sale of a property, investment, grant and some tangible security.
For Sale my very Clean Audi
2015/ 65 Audi A4 2.0 Diesel Multitronec Technic SE
4 Door in Grey
Every Conceivable Extra
32000 Miles from New - Full Service History
9 Months MOT
£11500
Finance Example for a Limited Companies ONLY (Ring or email for personal)
Deposit £1000
36 Monthly Payments of £319- 48 Monthly Payments of £247
Mobile - 07740 095704
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Credit Update and NEWS
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Well we have had some of the busiest months this financial year, with Larger Deals being transacted through more different Finance Companies than we have seen for a Long time. Add to that, last December was our best Month EVER, since starting up
New Services added to our already Extensive Range!
- Process Serving
- Accident Investigation
- Document Collection
- Witness Statement Collection
- Document Sign-ups
Call Now to discuss our Services and Prices
Dave Murphy - 07740 095704
dave@nwbf.org.uk
****************************************************************************************************************************Hire / Lease Purchase provides ultimate outright ownership following fixed monthly payments
Such Agreements preserve cashflow by letting you pay in instalments.
They are Tax efficient - you still claim Writing Down Allowances and interest can be offset against profits.
Deposits, periods and ultimately payments can be tailored to suit your business.
Ask us for a quote today! 07740 095704 - ask for Dave
dave@nwbf.org.uk
Lending Updates 2019
Credit Crunch, don't you believe it. I have recently had a deal for a customer automatically agreed by THE major Asset Finance lender in the country's computer system. No underwriters, no awkward terms - Agreed for payout 48 hours later!
If you personally, or your customer have a clean credit history and are putting a sensible deposit (10%) down you CAN get Asset finance - and at some of the best rates I have seen for years.
Ring Now for a no obligation quotation!
Dave
07740 095704
dave@nwbf.org.uk
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First for Leasing HP and Cashflow Finance
Having been in the Asset Finance business for over 20 years, we have a wealth of knowledge, experience and contacts to help your business.
Whether you are a seller of Vehicles, Plant or Machinery, or a buyer of new or used vehicles or machinery for your business, or even wish to refinance the assets you already own to release capital, or require immediate cash from the monies tied up in your invoices, please get in touch.
We deal with some of the most respected High Street banking names, along with some of the less well known ones - to ensure we can almost always find a solution to your needs
DEALERS
Car, Van, HGV, Printing, Machinery, Yellow Plant? Whatever you sell as a dealer the most important thing is to close the deal and get the equipment delivered. We will work with you here. Don't leave it to the customer to get his own finance - you are suddenly not in control of the sale. Work with NWBF and we will keep you in touch with what's going on from start to finish - good news or bad. We can find a home for most deals but to you the dealer and your customer there is just one point of contact - us at NWBF.
Tel 0107740 095704 - Fax 0870 778 0059
email - dealers@nwbf.org.uk
CUSTOMERS BUYING NEW OR USED VEHICLES AND EQUIPMENT
Arrange your finance before you order the plant and equipment your business' needs. This leaves you to negotiate the best deal from a position of strength. You are also not tied to using one supplier and are not having searches registered against you or your company by every dealer / manufacturer you visit.
CARS VANS and HGV's Sourced
Know what type of vehicle you need for your business but can't find it? We have many sources of supply for vehicles, machinery and Yellow Plant. These can be Franchised / Manufacturer Dealers, Finance Companies, Second Hand Dealers or even Trade Suppliers - where large discounts can be found.
Contact us now for a no obligation quoteTel 07740 095704 - Fax 0870 778 0059
email - vehicles@nwbf.org.uk
MONEY TIED UP IN ASSETS?
Many established businesses are Asset rich and Cash poor. Cash is the Oxygen of any business and we can release the money tied up in Assets you already own, for you to introduce back into your business for expansion, succession requirements, buyouts etc.
Tel 07740 095704 - Fax 0870 778 0059
email - leasing@nwbf.org.uk
MONEY TIED UP IN INVOICES?
You know the feeling, lots of good customers, full order books and no money in the bank to move the business forwards. Let us introduce you to Cashflow Finance - a hidden gem in the asset based lending industry. Quite simply, as you raise an invoice to your customer for services / goods delivered, it is possible to receive up to 90% of the value of that invoice - Including the VAT - within 24 hours.
There are numerous companies offering such facilities and it is fair to say they ALL have their own likes and dislikes. Contact us and let us point you in the right direction for the Invoice Finance company that will act quickly and more importantly who will welcome your particular type of business.
Tel 07740 095704 - Fax 0870 778 0059
email - cashflow@nwbf.org.uk
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LEGAL SERVICES
Yet another addition to the NWBF range of Services Offered is our new Legal Services Division. Through this division, we will be offering services (as introducers) such as
Financial and Debt Management - Document Delivery, Witnessing and Collection
Conditional Fee Agreement Explanation and Sign Up
Process Serving
Status Reports / Means Reports
Pre-Possession Reports
Credit Card Recovery
We have access to a Nationwide team of experienced representatives, who are committed to giving you a professional, reliable and courteous service at all times. We can help Maximize your Conversion Rates, with no minimum number of cases or contracts
Contact us today for No Obligation Discussion
Tel 07740 095704 - Fax 0870 778 0059
email - legalservices@nwbf.org.uk
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Their Tax Efficient products and Money Saving Advice could protect you and your business in these turbulent times. Do you have, or think you may need, any of the following?
Loan Protection
Share Protection
KeyMan Insurance
Group Life Insurance
Group Income Protection
Do you have old policies already in place? Are you using Trusts to protect your Family, Fellow Directors or Business Partners? If not, you probably should be!
Contact us today for No Obligation, Whole of Market advice
Tel 07740 095704 - Fax 0870 778 0059
email - businessprotection@nwbf.org.uk
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North West Business Finance
Liverpool
Tel 07740 095704 - Fax 0870 778 0059
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Any queries? Give me a ring
Dave Murphy
07740 095704
dave@nwbf.org.uk