Barclays has stopped offering asset finance to firms with turnover of less than £5 million a year, according to The Times. Give us news, not history, some might say! The pullout from the key area of small business lending comes in the wake of promises to the government that Barclays would boost loans to small … Read more
finance
Here at Johnson Reed we’re very excited about the upcoming BETT exhibition taking place on the 11th – 14th January 2012 at Olympia, London. The annual BETT is one of the country’s premier venues for showcasing educational technology products, resources, and best practices. The size of the event speaks to its popularity, with over 600 … Read more
Johnson Reed helps give a new lease of life to a derelict Doncaster nightclub Ken Blow has been busy transforming beer cellars into prep areas, converting bars into a takeaway and replacing dance floors with seating as part of a mammoth refurbishment of a former Doncaster nightclub. Kenny’s, as the business is now known, has … Read more
The National Association of Commercial Finance Brokers (NACFB) has released the results of its latest annual survey of its members, which show Total Commercial Lending to SMEs via brokers up by 14 percent year on year and totalling £8.6 billion, but, overall lending still remains at 44 percent of total at the peak of the … Read more
With the banks continued reluctance to lend, despite what seems any amount of government help, companies in all sectors are going to have to start taking a lateral look at their funding. Often companies completely overlook the benefits of equipment leasing that will complement existing bank facilities especially in the current climate. Mark Johnson, Director … Read more
Specialist shop fitters CASCO are helping retailers finance new shop fittings by way of specialist leasing finance. The leasing option provides 100% tax relief throughout the term making it more cost effective than buying equipment outright. CASCO are recommending Johnson Reed, a company who are able to set up finance almost instantaneously, even when other … Read more
What is ‘Quirky Kit Finance’? Quite simply, it’s a breath of fresh air in the world of asset finance. Here at Johnson Reed we like to break the mould by funding non-standard assets that traditional lenders, such as banks, don’t always like; in other words, quirky kit that’s often seen to have little or no … Read more