Bounce Back Loans – One year to go – time to plan ahead
This month marks five years since the UK Government introduced the Bounce Back Loan Scheme (BBLS) in May 2020. Designed as emergency support for SME’s during the height of the COVID-19 pandemic, the scheme provided fast-track access to funding of up to £50,000, helping businesses stay afloat during unprecedented times. For many, these loans were […]
Building Success With Confidence
We were recently approached by a scaffolding company looking to secure funding for a £150,000 investment in new equipment, driven by a major housing development contract. While we hadn’t worked closely with them before, they came to us through a trusted referral from one of their suppliers. After learning more about their needs and growth […]
Brewing Success: How Kennet Helped a Coffee Shop Expand in 48 Hours
A popular independent coffee shop in Birmingham recently underwent a refurbishment and extension due to a surge in local demand. To keep up with the growing number of customers, the owner planned to add an extra coffee machine. As the refurb wrapped up quicker than expected, they urgently needed the machine installed before reopening. The […]
Case Study: Beating the Deadline – How Kennet secured a vital VAT loan
Managing cash flow effectively is crucial for any business, and VAT liabilities can often put significant pressure on working capital. Using a finance broker like Kennet Equipment Leasing can be the key to ensuring smooth financial operations, securing necessary funding in time, and ultimately keeping businesses moving forward. How we helped a family-run business For […]
Kennet Helps a Business Meet Urgent Tax Deadline
A limited company faced a £65,000 Corporation Tax bill due in one week but lacked the funds to pay. The director had used surplus business funds to cover care costs for their late mother, leaving the business unable to meet this critical liability. Failure to pay on time risked penalties, interest, and damage to the […]
Case Study: Beating the Deadline – How Kennet Leasing secured a vital VAT loan
Managing cash flow effectively is crucial for any business, and VAT liabilities can often put significant pressure on working capital. Using a finance broker like Kennet Leasing can be the key to ensuring smooth financial operations, securing necessary funding in time, and ultimately keeping businesses moving forward. How we helped a family-run business For the […]
Autumn Budget Update: Changes to Car Tax from April 2025
As part of the Autumn Budget, Chancellor Rachel Reeves announced changes to Vehicle Excise Duty (VED) for brand-new cars, effective from April 2025. These changes will impact the first-year tax rate based on a vehicle’s CO2 emissions, with significant increases in some categories. The update aims to encourage the adoption of electric vehicles (EVs) and […]
Should you still purchase a Double Cab Pickup?
Recent changes announced in the October budget have reshaped the tax landscape for Double Cab pickups (DCPUs), making it essential to reconsider their appeal as a business vehicle. Current Tax Advantages Double Cab pickups have traditionally been a cost-effective option due to: Lower Benefit-in-Kind (BIK) charges for personal use, offering employees significant tax savings. Generous […]
Kennet Win National Award
Exciting news! We are thrilled to announce that we have won the prestigious Leasing World Gold Award in the category ‘Asset Finance Broker of The Year’ This award recognises the hard work and dedication of our entire team in providing exceptional financial services to businesses across the country. The Leasing World Gold Awards, which took […]
Streamlining Factory Modernisation
How Kennet’s Tailored Finance Solutions helped a local business. Kennet facilitated the acquisition of four Randex Compact Lift automated storage systems for a business seeking to modernise its factory equipment. With a strong rapport already established between the business and Randex, Kennet acted as the financing intermediary, utilising its expertise to streamline the procurement process […]
Spring Budget 2024
What does the Spring Budget mean for SME’s? Amidst the UK’s entry into a technical recession towards the end of 2023 and with a looming general election on the horizon, Chancellor Jeremy Hunt faced mounting pressure to unveil a Spring Budget that showcased both fiscal prudence and generosity. Branding the fiscal statement as a ‘Budget […]
Merry Christmas from everyone at Kennet Equipment Leasing!
As this year draws to a close, we would like to say a very big thank you for your custom and support during 2023. We, like you, have felt the ups and downs of the economy over the last 12 months, but we are pleased to have been able to continue to support so many […]
