It’s 2021, so it’s no surprise that electric vehicles are grabbing more and more headlines in the motor industry. Established manufacturers demoing their wares and pioneering brands such as Tesla showcasing new models and improved tech, it’s coming thick and fast as the UK market counts down to the proposed 2030 petrol and diesel ban. And whilst we are all aware of the fundamental reasons...Read More
With the 2030 government deadline rapidly approaching, you may have noticed the increase in news stories using various terminology such as EV, HEV, BEV and ICE when discussing the automotive world. These terms can be confusing, but thanks to our EV Charging Partner Elmtronics, there is a jargon-buster available for you to use with this and any other articles discussing the move into the carbon-neutral...Read More
If you are an equipment or technology solutions provider, you’ve probably come across the term Vendor Finance. The meaning however is very much perceived differently depending on which finance solution you use. Here, we’ll explain the definition of Vendor Finance, the Lease Group way. OK, so you run an equipment or technology business. You may be a provider of telecoms equipment, IT solutions or even...Read More
Equipment leasing is called upon by businesses big and small as a cost effective and budgetable way of acquiring the latest technologies. Here we will run through the key reasons for leasing equipment versus purchasing technology and services outright. Firstly though, what exactly is Equipment Leasing? Equipment leasing is quite simply the process of acquiring equipment and technology via third-party finance and paying for it...Read More
According to the The Department for Business, Energy and Industrial Strategy, £23.4bn worth of late invoices are currently owed to small firms across Britain, a situation which has forced the body to consider new measures and legislation to clamp down on late payers.The volume of late invoices has creeped up during 2020, not surprisingly due to COVID-19. Small business minister, Paul Scully, said: “Late payments are a terrible...Read More
