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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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,...Read More

CFOs are looking to invest in technology In the last 12 months, CFOs, particularly in the UK, have tightened the purse strings due to political and economic uncertainty. As we move into 2020 we expect, or at least hope, that we will have more clarity. With this comes spending – CFOs will look to spend...Read More

New research by Onecom has revealed SMEs on average spend £2,052 a year on telecommunication services, an increase of as much as 40% since 2016. Onecom believes this increase has been largely driven by the need for SMEs to keep pace with new emerging digital services such as cloud, the Internet of Things, advances in...Read More

Apple is currently the third biggest supplier of smartphone handsets to the international market, but has fallen far behind in the race to release a 5G compatible handset US tech giant Apple is reportedly mulling the idea of releasing three 5G compatible iPhones next year, according to reports in the press. A report in the...Read More