Furlough scheme extended at 80% until October 2020!
Rishi Sunak today extended the government's massive coronavirus bailout to October despite fears about the spiralling cost. The Chancellor said the multi-billion pound subsidy, which had been due to end next month, will stay in place for four more months, and it will...
Bounce Back Loan Scheme (BBLS)
As of the 4th May 2020, the new government backed loan scheme was launched to assist UK businesses that were struggling to obtain funding under the existing CBILS scheme. The facility is designed to offer the lenders a 100% guarantee from the UK Government which then...
Don’t be worried about your business cashflow!
Product Type Finance Availability Time to Implement Asset Finance Plant & Machinery Refinance Asset Purchase Staged Payment on Purchases £15,000 to £15 Million 1 to 3 weeks * Cashflow Finance Unsecured Business Loans Secured Business Loans £3,000 to 500,000 2 days...
COVID-19 Coronavirus Update
We are taking the risk to health from the Covid-19 coronavirus seriously and are actively monitoring the developments to best protect ourselves and those we interact with. Therefore, the management team would like to offer a Video Conferencing Service to all of our...
Christmas Opening Hours 2019
We would like to thank all our loyal clients, introducers and partners for working with us in 2019. Please see our Christmas opening hours below. Friday 20th December 9am - 5pm Monday 23rd December Closed Christmas Eve Closed Christmas Day Closed Boxing Day Closed...
ECS Group raise £3,250 for Sailors Children’s Society Charity
ECS Group were proud to continue to support the Sailors Children’s Society Charity again this year at the annual Sportsman’s luncheon, held at the Hilton Double Tree Hotel in Hull, on Friday 11th October 2019. This is the 12th year that ECS Group have hosted a table...
GDPR Aide Memoire for Sole Traders and Small Businesses
As sole traders and owners of a small business return to our desks at the dawn of 2019, it is time to review our Data Protection requirements. The new EU rule, the General Data Protection Regulation (GDPR) became law in May 2018, there is still a great deal of...
Christmas Opening Hours
We would like to thank all our loyal clients, introducers and partners for working with us in 2018. Christmas Opening Hours: Friday 21st 9am to 1pm Christmas Eve 9am to 1pm Christmas Day Closed Boxing Day ...
Easy access to Unsecured Business Loans for instant working capital
Almost all businesses will need to borrow money at some point in their life. Whether you are a brand new Start up business looking for some working capital to establish yourself, or a large established business exploring new markets or need to fund the cost of that...
Business Peer-to-Peer Business Loan lending up 65%
“P2P Business Lending is becoming an increasingly important contributor to overall SME financing in the UK,” a report by the CCAF says. The total UK online alternative finance market grew to £6.19bn in 2017, up 35% on 2016 (£4.6bn), according to research conducted by...
HMO mandatory licence changes with effect from 1st October 2018
Mandatory HMO Licensing scheme is changing from Monday 1st October. If you are a landlord with shared properties, the new changes may affect you. Main Changes 1. Extension of Mandatory Licensing 2. Introduction of minimum room sizes 3. New rules for rubbish Extension...
Need help with Cashflow over Christmas?
Cashflow Finance is wrongly seen as a lending facility favoured by businesses in trouble, however the majority of businesses seeing the most benefit of opting for to use invoice discounting or factoring instead of a traditional overdraft facility is the ability to...
Buy-to-Let Landlords facing re-mortgage issues
Many buy-to-let landlords with two and three year fixed deals that are coming to an end at the moment and early 2019 are facing difficulties in their quest to remortgage their property. A number of landlords obtained two or three year fixed rate mortgages in March...
Welcome – April 2018
...to our first newsletter of 2018 As the implementation of GDPR approaches on the 25th May 2018, we are keen to keep the conversation going with our key professional colleagues and would like to ask you to confirm your subscription to our mailing list. Please click...
Buy-to-Let landlords to face re-mortgage issues
Many buy-to-let landlords with two and three year fixed deals that are coming to an end at the moment and early 2019 are facing difficulties in their quest to remortgage their property. A number of landlords obtained two or three year fixed rate mortgages in March...
Buy to Let Mortgages. What are lenders offering entering 2018?
Following tax changes and the stricter affordability checks imposed on personal BTL borrowing introduced last year compounded with the rise in base rate, it appeared as though 2017/18 was going to be a tough time for landlords. Confidence in the sector appears strong...
Creditors face the prospect of 1p in the Pound as the full picture emerges following the collapse of Carillion.
If you have been impacted by the collapse of Carillion and have wages to pay, mortgage commitments to meet or your own supplier’s invoices are due it is essential that you act quickly to protect your business and ensure your own liabilities are met….. Read more
Let Elite Corporate Solutions help you to pay your tax bill
HMRC have decided that they will not accept credit card payments after 13th January 2018 which is undoubtedly going to cause some tax payers cashflow problems when they receive their tax bill following their online return being processed Tax return completed on time...
No solution in sight for UK’s productivity crisis as small businesses say it is not a priority
Productivity Crisis By Anna Isaac, economics correspondent, The Telegraph Hopes that a “dynamic movement” among small firms could solve the UK’s prolonged productivity crisis have been dashed after business owners said it was not a priority. Just 7pc plan to make it a...
HULL WILL BE ‘INCREASINGLY CONFIDENT’ AFTER CITY OF CULTURE SUCCESS – GREEN
Hull will be an "increasingly confident" place to be in four years' time as it continues to reap the economic benefits of its time as UK City of Culture, the man behind the year-long programme of events has told Insider. Martin Green said the event has "greatly...
57% of SMEs support European Free Trade Agg
More than half of small business owners (57%) are supportive of joining the European Free Trade
Furlough scheme extended at 80% until October 2020!
Rishi Sunak today extended the government's massive coronavirus bailout to October despite fears about the spiralling cost. The Chancellor said the multi-billion pound subsidy, which had been due to end next month, will stay in place for four more months, and it will...
Bounce Back Loan Scheme (BBLS)
As of the 4th May 2020, the new government backed loan scheme was launched to assist UK businesses that were struggling to obtain funding under the existing CBILS scheme. The facility is designed to offer the lenders a 100% guarantee from the UK Government which then...
Don’t be worried about your business cashflow!
Product Type Finance Availability Time to Implement Asset Finance Plant & Machinery Refinance Asset Purchase Staged Payment on Purchases £15,000 to £15 Million 1 to 3 weeks * Cashflow Finance Unsecured Business Loans Secured Business Loans £3,000 to 500,000 2 days...
COVID-19 Coronavirus Update
We are taking the risk to health from the Covid-19 coronavirus seriously and are actively monitoring the developments to best protect ourselves and those we interact with. Therefore, the management team would like to offer a Video Conferencing Service to all of our...
Christmas Opening Hours 2019
We would like to thank all our loyal clients, introducers and partners for working with us in 2019. Please see our Christmas opening hours below. Friday 20th December 9am - 5pm Monday 23rd December Closed Christmas Eve Closed Christmas Day Closed Boxing Day Closed...
ECS Group raise £3,250 for Sailors Children’s Society Charity
ECS Group were proud to continue to support the Sailors Children’s Society Charity again this year at the annual Sportsman’s luncheon, held at the Hilton Double Tree Hotel in Hull, on Friday 11th October 2019. This is the 12th year that ECS Group have hosted a table...
GDPR Aide Memoire for Sole Traders and Small Businesses
As sole traders and owners of a small business return to our desks at the dawn of 2019, it is time to review our Data Protection requirements. The new EU rule, the General Data Protection Regulation (GDPR) became law in May 2018, there is still a great deal of...
Christmas Opening Hours
We would like to thank all our loyal clients, introducers and partners for working with us in 2018. Christmas Opening Hours: Friday 21st 9am to 1pm Christmas Eve 9am to 1pm Christmas Day Closed Boxing Day ...
Easy access to Unsecured Business Loans for instant working capital
Almost all businesses will need to borrow money at some point in their life. Whether you are a brand new Start up business looking for some working capital to establish yourself, or a large established business exploring new markets or need to fund the cost of that...
Business Peer-to-Peer Business Loan lending up 65%
“P2P Business Lending is becoming an increasingly important contributor to overall SME financing in the UK,” a report by the CCAF says. The total UK online alternative finance market grew to £6.19bn in 2017, up 35% on 2016 (£4.6bn), according to research conducted by...
HMO mandatory licence changes with effect from 1st October 2018
Mandatory HMO Licensing scheme is changing from Monday 1st October. If you are a landlord with shared properties, the new changes may affect you. Main Changes 1. Extension of Mandatory Licensing 2. Introduction of minimum room sizes 3. New rules for rubbish Extension...
Need help with Cashflow over Christmas?
Cashflow Finance is wrongly seen as a lending facility favoured by businesses in trouble, however the majority of businesses seeing the most benefit of opting for to use invoice discounting or factoring instead of a traditional overdraft facility is the ability to...
Buy-to-Let Landlords facing re-mortgage issues
Many buy-to-let landlords with two and three year fixed deals that are coming to an end at the moment and early 2019 are facing difficulties in their quest to remortgage their property. A number of landlords obtained two or three year fixed rate mortgages in March...
Welcome – April 2018
...to our first newsletter of 2018 As the implementation of GDPR approaches on the 25th May 2018, we are keen to keep the conversation going with our key professional colleagues and would like to ask you to confirm your subscription to our mailing list. Please click...
Buy-to-Let landlords to face re-mortgage issues
Many buy-to-let landlords with two and three year fixed deals that are coming to an end at the moment and early 2019 are facing difficulties in their quest to remortgage their property. A number of landlords obtained two or three year fixed rate mortgages in March...
Buy to Let Mortgages. What are lenders offering entering 2018?
Following tax changes and the stricter affordability checks imposed on personal BTL borrowing introduced last year compounded with the rise in base rate, it appeared as though 2017/18 was going to be a tough time for landlords. Confidence in the sector appears strong...
Creditors face the prospect of 1p in the Pound as the full picture emerges following the collapse of Carillion.
If you have been impacted by the collapse of Carillion and have wages to pay, mortgage commitments to meet or your own supplier’s invoices are due it is essential that you act quickly to protect your business and ensure your own liabilities are met….. Read more
Let Elite Corporate Solutions help you to pay your tax bill
HMRC have decided that they will not accept credit card payments after 13th January 2018 which is undoubtedly going to cause some tax payers cashflow problems when they receive their tax bill following their online return being processed Tax return completed on time...
No solution in sight for UK’s productivity crisis as small businesses say it is not a priority
Productivity Crisis By Anna Isaac, economics correspondent, The Telegraph Hopes that a “dynamic movement” among small firms could solve the UK’s prolonged productivity crisis have been dashed after business owners said it was not a priority. Just 7pc plan to make it a...
HULL WILL BE ‘INCREASINGLY CONFIDENT’ AFTER CITY OF CULTURE SUCCESS – GREEN
Hull will be an "increasingly confident" place to be in four years' time as it continues to reap the economic benefits of its time as UK City of Culture, the man behind the year-long programme of events has told Insider. Martin Green said the event has "greatly...
57% of SMEs support European Free Trade Agg
More than half of small business owners (57%) are supportive of joining the European Free Trade