Starting a business can be daunting at the best of times. Factor in the rising cost of equipment, the inaccessibility of loans, predatory payment terms and painfully long decision times, and it is no wonder that many people are not happy to take the risk. SME asset finance is a…
By now, many businesses understand the importance of renewable energy, that it is invariably the future, but is it financially viable to fully convert your business to renewables? Many businesses have avoided a complete switch to renewables as a result of prohibitive initial costs, but it’s becoming easier than ever…
Reducing our carbon footprint has been an important part of international business discussions for decades now, and there is a very good reason as to why. As the world warms, it is becoming increasingly apparent that we have to act imminently in order to prevent our world from becoming inhospitable…
Shire Leasing PLC has been announced as an appointed financier on Greater Manchester’s (GM) Clean Air Financial Support Scheme (FSS). Eligible applicants will be able to use their funding award directly with Shire Leasing or via accredited vehicle dealers to arrange finance to help upgrade non-compliant vehicles to lower emission vehicles ahead of the charging Clean Air Zone being introduced…
Shire Leasing’s on-going strategic focus to grow its own book portfolio of lending has hit a new milestone, as gross receivables surpass £150 million. The company operates a hybrid model of being a funder and a broker, but increasing its portfolio forms part of the strategy to improve funding flexibility,…
The British Business Bank today announces a further £62.4m of financing to Shire Leasing under its ENABLE Funding programme, which aims to improve the supply of finance solutions to smaller UK businesses for business–critical assets. The transaction follows on from a first round of funding of £37.4m in 2017 – bringing…
The World Health Organisation recognise that air pollution is the largest environmental health risk we face today, causing up to 36,000 UK deaths per year (GOV.UK). To combat the effect, the UK Government has set ambitious climate change targets to reduce carbon emissions by 78% (compared to 1990 levels) by…
Shire Leasing PLC has been accredited to deliver the government-backed Recovery Loan Scheme (RLS) via the British Business Bank (BBB). The accreditation will allow Shire Leasing to offer asset finance solutions (including Sale and Leaseback/Sale and Hire Purchase Back) between £15,000-£200,000 on improved terms, as well as term loans from…
Shire Leasing launches new sustainability partnership with HOME, Manchester’s centre for international contemporary art, theatre, music and film. The 2021/22 sponsorship, which adds to Shire’s existing CSR and environmental improvement initiatives, will be used to fund HOME’s sustainability work, including programming, travel schemes and other green initiatives. Committed to best…
