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 […]
If you’re looking to upgrade your business fleet to EV’s this could be a perfect time to do it!
At Kennet, we work with various lenders to make sure you get the best possible deal for the asset you’re financing. We’re excited to share that, as part of our sustainability commitment, some of our strong panel of lenders have provided us with special access to additional support dedicated to assisting businesses with the purchase […]
Unlocking opportunities for your business as interest rates rise
On Thursday 11 May 2023, the Bank of England announced a 0.25% increase in its base rate from 4.25% to 4.50%, a 15-year high. While rising interest rates may seem like a deterrent to investing and purchasing new equipment and commercial vehicles on finance, there are still several benefits to consider: Cash can literally be […]
STAR Winners!
Exciting news! We are thrilled to announce that we have won the prestigious Business Moneyfacts Award 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 Business Moneyfacts Awards, which took place on Thursday 20th […]
Could a renewable energy project be right for your business?
There are several compelling reasons for businesses to invest in renewable energy assets. As energy costs continue to rise, investing in renewable energy can provide your business with a measure of stability and predictability. Another key reason is the environmental benefits they offer, as your business can significantly reduce its carbon footprint and help to […]
Full Expending Explained
Why pay more tax than you need to? Full expensing lets you claim back 100% of the cost of qualifying plant and machinery all in one go. Save up to 25p for every £1 you spend. During the 2023 Spring Budget, the Chancellor introduced a new tax relief measure called “full expensing”, which allows companies […]
Spring Budget 2023
Snapshot of the Spring Budget 2023 Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. What will this mean to your business? Super Deduction TaxTo support the economy in response to coronavirus, the […]
Does it need to be Blue Monday?
Today is officially ‘Blue Monday’ which is claimed to be the most depressing day of the year. For anyone in business watching the news each night, it may feel that this year we have even more reasons to feel blue than normal. However, it’s worth remembering that many businesses have survived, and in cases actually […]
Time is running out to invest with the Super-Deduction Tax Incentive
The government’s super-deduction tax scheme, which enables businesses to deduct up to 130% of the cost of assets from their taxable profits, ends on 31st March. The 130% Investment Allowance – what is it? The Government sought to encourage capital spending and boost productivity with this new allowance, which was announced in the 2021 Budget. […]
STAR Asset Finance Group takes the crown at the Leasing World Awards
We are absolutely delighted to announce that we were winners at the Leasing World Gold Awards 2022 held at The Hilton Bankside on Friday 21st October. STAR Asset Finance Group were crowned ‘Top Asset Finance Broker’. We are so immensely proud of our team who work exceptionally hard to continually provide the highest possible service […]