Super-Deduction Capital Allowance

The new capital allowance legislation: Since the COVID-19 pandemic, business investment levels have fallen, the government is introducing the super-deduction to stimulate business investment. The super-deduction – which offers 130% first-year relief on qualifying main rate plant and machinery investments until 31 March 2023 for companies. The 50% first-year allowance for special rate (including long…

Recovery Loan Scheme

About the scheme Launched on 6 April 2021, the Recovery Loan Scheme (RLS) provides financial support to businesses across the UK as they recover and grow following the coronavirus pandemic. You can apply to the scheme if Covid-19 has affected your business. You can use the finance for any legitimate business purpose – including managing…

Lockdown 3

A third National Lockdown will not prevent us from our continued commitment to helping UK SME through this Pandemic by providing structure hire purchase, finance lease and re-finance agreements. We remain open for business and are actively lending to both existing and new clients.   All measures have been put in place to ensure our…

COVID 19 – Latest Information

FOLLOWING THE GOVERMENTS MOST RECENT GUIDELINES IN REGARD TO THE FORTHCOMING NOVEMBER LOCKDOWN PROCEDURES, WE ARE PLEASED TO INFORM YOU THAT WE WILL STILL BE HERE TO HELP AND SUPPORT OUR CUSTOMERS AND WILL STILL BE LENDING. WE HAVE ALL HAD TO MAKE MANY CHANGES TO THE WAY WE LIVE AND WORK AND WITH WHAT…

Engineering Company Purchase

An existing client, operating with the engineering sector, had been approached by an agent selling another business within the same space, due to the retirement of its Directors; however, having identified several synergies between newco and his existing business and opportunities to significantly expand, our client didn’t have the capital required to meet the asking…

British Business Bank & CBILS

About CBILS The Coronavirus Business Interruption Loan Scheme (CBILS), delivered through 40+ British Business Bank accredited lenders and partners, is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who…

COVID -19 Remember it’s Good to Talk

The health and wellbeing of you and your loved ones are of the greatest importance at this moment in time and we hope that you continue to stay safe and well during this very difficult and emotional period. However, we also need to ensure that we continue to talk to our customers whom are concerned…

Coronavirus Update

As we are all being affected in some way or another by the spread of the coronavirus outbreak, you may have seen that the Government has a number of schemes set up to support businesses through this very difficult time. One of these schemes managed through the British Business Bank, County is already an accredited…

Coronavirus Breifing

Whilst the country is facing a difficult time as we battle the Coronavirus outbreak, we at County are determined to keep calm and carry on, and we hope you feel the same way. Like you, we are monitoring the Government advice closely, and have taken the necessary steps to ensure that our business can continue…