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According to the The Department for Business, Energy and Industrial Strategy, £23.4bn worth of late invoices are currently owed to small firms across Britain, a situation which has forced the body to consider new measures and legislation to clamp down on late payers.The volume of late invoices has creeped up during 2020, not surprisingly due to COVID-19. Small...
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Working from home, remote-working and flexible working arrangements are all phrases that have been used almost daily since lock-down was first mentioned earlier this year. With many businesses moving back out of the offices and some having never returned after lock-down, it is clear that this is something that will be around for quite some...
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Equipment leasing is quite simply the process of acquiring equipment and technology via third-party finance and paying for it in manageable monthly amounts over a pre-agreed term. Equipment leasing allows any type of business to affordably acquire business-essential equipment and technology without the upfront expenditure. Leasing enables the business to preserve their cash-flow and put...
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Lease Group, a leading equipment and technology funder in the UK, has today announced a recruitment drive in preparation for life after lockdown. The company currently services over 750 suppliers across telecoms, IT, energy, AV and healthcare sectors plus over 2,000 business customers with their finance needs. Experiencing year on year growth since it’s launch...
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As reported by the UK Government website, “Fraudsters are exploiting the spread of coronavirus (COVID-19) in order to carry out fraud and cybercrime. Police have reported an increase in coronavirus related scams.” The spike in fraudulent activity on both business and consumer levels has reached a 200% increase in some cases, with scammers looking to...
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The answer is yes – it’s called Sale & Leaseback. Over the past two weeks Lease Group has seen a significant increase in demand for our Sale & Leaseback service, which effectively enables businesses to convert recent equipment and technology purchases back in to cash. Due to the current demand, and with only 2% of...
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I wanted to extend my thoughts and well wishes to you during this uncertain time. I would also like to lend my personal support and take this opportunity to tell you about how we are reacting to the environment. Lease Group and our staff are fully operational, only we’re working from home. Our service will...
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Lease Telecom (part of Lease Group) and Mobile News magazine met to discuss the recent goings-on in the market and how leasing plays a significant role in the funding of business mobiles. The Q&A forms part of our ‘Leasing Spotlight’ as seen in this month’s edition of the sector publication. Read the digital version of...
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Lease Group, a leader in soft asset vendor finance has introduced a bevvy of new features for it’s Partner Channel, one of which is white-labelling of the entire customer experience. Partner branding is a rarely seen feature of vendor finance due to lending restrictions however due to Lease Group’s growth and dedication to clean-book lending,...
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In an earlier blog post we revealed why businesses consider mobile phone leasing to be the smarter and more cost effective way of upgrading employee handsets, particularly when compared to traditional network contracts. The aforementioned blog post highlights the potential savings offered through smartphone leasing and why many companies have embraced bill separation in favour...
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