by Hannah Orridge | Mar 19, 2020 | News, Uncategorized
| 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 to 1 week |
| Secured Overdraft (non-bank) |
£150,000 to £3 Million |
Within 14 days |
| Merchant Cash Advance |
£30,000 to £350,000 |
Within 10 days |
|
|
|
| Invoice Finance |
|
|
|
Invoice Finance
Factoring
Selective Invoice Finance
|
£100,000 to £25 Million |
3 days to 4 weeks* |
|
|
|
| Stock Purchase |
|
|
|
Sold Order Finance
Overseas & UK Stock Purchases
|
£50,000 to unlimited |
3 days to 3 weeks* |
* Dependant on the complexity of the case and the need for external valuations.
The table above provides a quick reference guide to some of the products we may use to provide a bespoke solution to help support cashflow issues for UK businesses during the current Corona Virus challenges. Funds can be made available quickly, so don’t delay, talk to us today!
Please call ECS Group on 01482 635400 to discuss your requirements.
ECS Management Services Limited are directly authorised and regulated by the Financial Conduct Authority (FCA: 777473)
by Hannah Orridge | Mar 11, 2020 | News, Uncategorized
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 clients as an alternative to face to face meetings, if they wish.
This will be a free of charge service to allow business to continue, and to be able to help clients without spreading the virus further.
To take advantage of this, please call us on 01482 635400 or fill in the form below to book your online appointment.
by Hannah Orridge | Dec 10, 2019 | News, Uncategorized
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 |
| Friday 27th December |
Closed |
| Monday 30th December |
Closed |
| New Years Eve |
Closed |
| New Years Day |
Closed |
| Thursday 2nd January |
Closed |
| Friday 3rd January |
Closed |
| Monday 6th January |
9am – 6pm |
Business as usual from Monday 6th January.
There will be skeleton phone coverage on the 27th and 30th December, and the 2nd and 3rd January.
If no one is available to take your call, please leave a message and we will get back to you as soon as possible.
by Hannah Orridge | Oct 25, 2019 | News
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 at this prestigious event, and the 4th time we have provided a week at a luxury gite in Loire Valley as one of the auction items. Andrew Craggs, Managing Director of ECS Group, commented;
“Each time we have offered this superb item for the charity auction it has been very popular, and I was delighted that the hammer dropped at a very generous figure of £3,250! This money is used by the charity to provide essential funding to the many vulnerable families under the care of the Sailors Children’s Society and it is pleasing that the directors and staff at ECS Group have been able to contribute to this fantastic local charity in such a positive way.”
Andrew continued; “We are celebrating our 20th anniversary since commencing trading and this year to mark the occasion we are actively supporting charities on both the north and south banks of the Humber. This is just one of the initiatives we are involved with and we look forward to announcing further support in the coming weeks”.
The event was attended by nearly 650 local businesspeople from the Humber region, and in total the day raised over fifty thousand pounds. The guest speaker was Colin Jackson MBE who mesmerized the audience with his humbling story of his progression to become a leading Olympian. Colin kindly posed with Andrew Craggs and Dave Howarth, business development director, at the end of the event (see main photo).
To find out more about the charity, please see their twitter feed.
by Andy Craggs | Jan 3, 2019 | News, Uncategorized
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 confusion at SME and sole trader level.
Many small businesses do not have the time or resources to ensure they fully comply with the new GDPR requirements as it requires several obligations around data security and data usage.
The Information Commissioner’s Office (ICO) has published an eight question checklist aimed at helping sole traders and self-employed individuals assess their compliance with new data protection laws. A copy of the questions and accompanying notes is available on our website and can by accessed by following the GDPR checklist link
The ICO said its checklist is aimed at improving understanding of data protection and making sure sole traders are keeping people’s personal data secure. The checklist will help sole traders understand how compliant they are and provides links to relevant ICO guidance and further information as well as practical suggestions on how to stay in line with the law.
Helpline and resources
The new Data Protection Act 2018 and the General Data Protection Regulation (GDPR) came into force in May and applies to all businesses that hold and use customer data.
Fines for those who break it can be significant reaching go up to €20m or 4% of annual global turnover.
A range of resources is available on the ICO website while sole traders and small businesses can also contact the dedicated ICO helpline on 0303 123 1113.
If you would like a copy of the checklist in word, PDF or excel format please contact the team at Elite Corporate Solutions on 01482 635400 or to request a call back please click this link to take you to our contact form.
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What is the difference between a broker and a lender?
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