Ashley Commercial Finance

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The Ashley Blog

Ashley Practice Loan

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Ashley have launched a simple to set up cash advance service for Beauty Salons, Chiropractors, Dentists, Hairdressers, Opticians, Pharmacists, Veterinarians and any other retailer who utilises a PDQ terminal. Repayment is made from your current PDQ terminal, no need to face the hassle of changing to another supplier. Cash advances up to £25k can be made paid back over a period usually of six months in variable amounts to suit sales, and you can extend your loan at any time. No risk to your assets and no early settlement fees.

What can you use the cash for?

You can use the the cash for any business need whether that is working capital, opening additional locations, renovation or refurbishment of your premises, equipment purchases, marketing and advertising bills, additional stock purchase, PAYE, VAT, wages or any other business need you may have.
We like to say yes unlike high street banks such as Barclays, NatWest, Lloyds TSB to name just a few.
Start an application online, phone us or request a free callback and receive funds within 10 days. Check your business is eligible on our web site.

Contact

Colin Samuels.

0161 233 6376

Ashley launch 100% Invoice Finance Funding!

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To help ease the pressure on small businesses in England and Wales we have launched 100% funding. Banks continue to starve small businesses of funding which enables their day to day running in very difficult conditions.

Ashley take care of chasing the people who owe you money and help to speed up slow payers. When your sales invoices are approved you will receive 100% funding to your bank account enabling you to pay yourselves, buy in stock or essential supplies and run your business knowing you have our service looking after the cash side freeing up your time to look after the work end and chase new customers.

Ask for a free callback, send us the form or phone during working hours for our fast friendly service, we understand the needs of small business and are known as ’the friend of small business in good times and bad, we are the SECOND BEST INVOICE FINANCE COMPANY IN THE UK.

If you need help ask for a free Callback or click the Livechat link above during working hours or contact us directly for an initial discussion:

Lisa Mayers
Email: lisa.mayers@ashleyfinance.co.uk
Phone: 0161 233 6373

Second Chance Business Funding from Ashley

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Ashley Commercial Finance, small business funders, have two ways of helping business with cash flow

1. Using INVOICE FINANCE which allows customers to receive up to 90% of invoice value when an invoice is raised, no waiting for slow payers. A business which is already trading (as opposed to a start-up) can release a lump sum cash injection from its current sales ledger.

2. BUSINESS CASH ADVANCE from future PDQ merchant account sales paid back directly from payments to your business at varying amounts paid back over 6 months.

If you need help ask for a callback using the button above, or Livechat online during working hours or contact us directly for an initial discussion:

Lisa Mayers
Email: lisa.mayers@ashleyfinance.co.uk
Phone: 0161 233 6373

Quarter day - Retail Rent Due

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These are the 4 days in the year when certain payments are due eg rent for the next quarter paid in advance. Landlords put further pressure on businesses already dealing with slow sales while shoppers are saving. Large retailers, such as Asda, Tesco, Morrisons and Sainsburys are doing what they can fighting back with a price war to win the shoppers business.

The English quarter days (also observed in Wales and the Channel Islands) are:

Lady Day (25 March)
Midsummer Day (24 June)
Michaelmas (29 September)
Christmas (25 December)

Business Cash Advance

While money is tight some retailers with at least one year of trading can take advantage of a business cash advance, a facility available to retailers who take credit and debit cards payments through a PDQ terminal, pay back is taken from the sales over the next 6 months at varying amounts to suit cash flow. This service is offered by Ashley Retail Finance who can be found on this link.

If you need help ask for a callback using the button above or contact us directly for an initial discussion:

Lisa Mayers
Email: lisa.mayers@ashleyfinance.co.uk
Phone: 0161 233 6373

Final Results from Ultimate Finance Group

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Continued Growth & Increasing Market Opportunities
Ashley Integration ahead of expectations

Ultimate Finance Group plc (AIM:UFG), a leading provider of financial solutions to SMEs, is pleased to announce its Final Results for the year ended 30 June 2011.

Financial Highlights

Operating Profit has increased 103% to £904,000 (2010: £446,000)
Excluding acquisition, amortisation and group organisation related costs of £380,000, the operating profit would have been £1,284,000, up 146%
Turnover increased 51% to £9,706,000 (2010: £6,441,000)
Final dividend of 0.35p per share (2010: 0.30p)
A consistent level of headroom within the £34m banking facility of £6.3m
Earnings per share of 1.20p (2010: 1.33p)

Operational Highlights

Ashley integration has been achieved
Cross-selling & joint marketing opportunities are being leveraged
The asset finance division has grown to plan
Investment has been made into the business to support further growth
National presence has been increased to include Birmingham and Cardiff
The sales team has been strengthened

About Ultimate Finance

Ultimate Finance group is a leading provider of financial solutions to SMEs across the UK. The Company is headquartered in Bristol with offices in Manchester, Tunbridge Wells, Birmingham and Cardiff and through its three divisions, (invoice finance, asset finance, and trade finance), provides support to SMEs by funding their growth. As bank lending to SMEs is increasingly restricted in the current climate, the benefits of ultimate finance’s flexible and fast-moving solutions become even more compelling.

See the full article

HMRC in tax crackdown on restaurant owners reports BBC

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They recently reported "Tax inspectors are to investigate restaurants in London and other parts of the UK to hunt down tax dodgers in the food trade.

HM Revenue & Customs (HMRC) is setting up a series of special units to track down tax evaders.

The restaurant team will start in the capital before moving onto food outlets in Scotland and the North West.

The move follows a similar recent campaign to persuade plumbers to come clean about their tax affairs.

Mike Eland of HMRC said the drive was part of the government’s plan to raise more tax by cutting down on tax evasion.

“These task forces are a new approach which uses HMRC’s resources to identify and tackle rule-breakers and evaders swiftly and effectively,” he said.

“Only those who choose to break the rules, or deliberately evade the tax they should be paying, will be targeted.”

“Troncmaster”

Restaurant owners have long been of interest to tax inspectors and are regarded as a high-risk for tax evasion. The Revenue would be interested in the earnings of staff, not just the owners.

A restaurant must have a dedicated troncmaster responsible for sharing out tips amongst the staff which includes waiters, maître d’s and cooking staff and also includes PAYE administration for tips which are deemed to be taxable supplementary remuneration or pay.

HMRC comments

HMRC says it will set up nine other similar task forces during the current tax year, with more to come next year."

See the article here

If you need invoice finance or business cash advance help to make payments ask for a callback using the button above or contact us directly for an initial discussion:

Lisa Mayers
Email: lisa.mayers@ashleyfinance.co.uk
Phone: 0161 233 6373

Ashley Commercial Finance has launched Ashley Retail Finance for small retail businesses in England & Wales

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My business needs cash, Unlock your future sales potential and boost your profits. To cater for small retail businesses with merchant cash machines or PDQ terminals Ashley Retail Finance can make business cash advances for businesses with card turnover from £3,500 per month IN ADVANCE which is repayable over 6 months from future sales. Simple to set up with little paperwork. You will NOT have to change your existing PDQ terminal provider.

A few examples of eligible businesses…

Restaurants, pubs, hotels, hairdressers, bed and breakfasts, bike shops, MOT service centres, chemists, opticians, convenience stores, off licences, florists, shop-fitters, dentists and any other independent retail store.

What can I use the cash for?

You can use the the cash for any business need whether that is working capital, opening additional locations, renovation or refurbishment of your premises, equipment purchases, marketing and advertising bills, additional stock purchase, VAT, PAYE, wages, quarter day rent or any other business need you may have.

How does it work?

Commonly known as merchant cash advance or business cash advance – we provide your business with a lump sum based on YOUR FUTURE SALES which is paid back through credit and debit card receivables made using your Merchant Account or PDQ terminal typically over a 6 month period.

Because this lump sum is paid back at variable amounts linked to your monthly sales, it can help you manage your cash flow and deal with any fluctuations in business.

For more details or to start a “no cost application” go to Ashley Retail Finance