With Effect From January 1st 2016 the Government has reduced the Capital / Annual Investment Allowance from the temporary £500,000.00 to £200,000.00.
However this is likely to be a Long Term More Permanent Incentive
So even though the Allowance has reduced from the temporary figure - it is still incentivising Companies to Invest in New Equipment
Corporate Business Finance Ltd can arrange Finance Facilities to fund those investments – Please contact us for a no obligation discussion
This means that for every £1.00 invested in machinery / equipment / vehicles, up to £200,000.00, Taxable Profits will be reduced by the same amount so in effect every £1.00 spent will cost £0.80p
Now’s the time to Invest !
We are a long established Business Funding Specialist Flexible and Free from the Restrictions of a single source Funder.
Our Aim is to provide a service which takes the time, worry and frustration out of searching for your unique business funding requirements. Whilst at the same time affording you the competitiveness your Business demands.
Asset finance is suitable for any business that requires financing for the acquisition of plant, machinery, vehicles or business equipment.
Assets that are typically funded in this way are of a tangible nature with a readily available resale market.
One of our strengths is our ability to build and develop 3rd party/Introducer Relationships.
We have developed strong links with major UK suppliers within a number of key business sectors and are able to provide their customers with a confidential and competitive service for financial solutions within the asset finance sector.
Contract Hire is a popular choice for VAT registered companies that want minimum outlay and maximum control of costs.
Through our relationships we are able to provide competitive quotes for any make and model of car or LCV.
Invoice Discounting and Factoring are flexible funding solutions which release cash tied up in outstanding customer invoices, bridging the gap between raising an invoice and getting paid.
Invoice Finance improves your cash flow by providing an immediate injection of cash against the value of your outstanding invoices.
A damage and breakdown facility which protects mechanical equipment assets.
Standard insurance policies might not cover mechanical breakdown or electrical failure. You may find the warranty on your equipment excludes accidental damage such as operator error, power surge or ingress of foreign bodies.