Pomegranate Commercial Finance

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Pomegranate Commercial Finance

Pomegranate Commercial Finance -
Empowering Access to Growth -
Manchester/Liverpool/LDN -
FCA/NACFB

21/06/2023

What we do Wednesday...

The banking and finance industry has a crucial role to play in supplying services to firms and providing access to finance so they can achieve their ambitions and grow to their full potential.

SMEs across the UK need confidence that their financial provider will treat them fairly and consistently. If you are looking to do any of the following:-

• Improve cash flow
• Manage uncertainty
• Refinance existing debt
• Invest in equipment
• Launch a new product line
• Fund marketing campaigns

Please get in touch with Pomegranate Commercial Finance by messaging us:-

20/06/2023

Always look to support and work professionally with your appointed Representatives.

This will be beneficial for all parties involved.

FCA imposes restrictions on firms amid increased AR scrutiny

The Financial Conduct Authority (FCA) has placed restrictions on ten firms over a failure to meet the City watchdog’s expectations on overseeing appointed representatives (AR). Since launching a dedicated AR department last year, the FCA has written to more than 3,000 principals about their obligations to properly oversee the behaviour and conduct of their ARs. The regulator is collecting data on every AR, helping it to identify where consumers may be at risk of harm. Toby Hall, head of department for appointed representatives at the FCA, said: “Consumers are at risk of being mis-led and mis-sold, with a disproportionate number of claims relating to appointed representatives being made to the ombudsman and Financial Services Compensation Scheme.”

15/06/2023

Thursday Thought...

A great day had by all at the NACFB conference in Birmingham yesterday.

Such an important day of the year, not just for support to other business's within the industry but also to make new contacts and friends.

Looking forward to next year already!

14/06/2023

What we do Wednesday...

Invoice Finance.

Pomegranate Commercial Finance can offer Invoice based financing, this provides short-term flexibility to generate working capital for your Company. Businesses often use an invoice financing facility to:

• help reduce short-term cash flow issues for your Company
• Access money quickly to seize opportunities, support your new contracts or pay off debts...
• Negotiate early payment discounts with creditors
• Provides flexibility in available finance that avoids traditional overdraft facilities.

If you would like a chat please call 0161 974 0739

Enjoy the day!

13/06/2023

Tuesday News.

Remember to plan ahead...

Cost of household debt to triple this year

Oxford Economics forecasts that interest payments on mortgages, credit cards, car loans and other borrowing will grow to 5% of UK household income by the end of this year.

This is up from 1.5% at the end of 2021, and the highest proportion since the end of 2008.

The rise is mostly due to the rapid increase in mortgage rates, which the consultancy expects will rise to 5.4% for a two-year fixed across the second half of this year, up from 1.4% in the second half of 2021.

According to UKFinance, mortgage repayments as a percentage of income have already risen to 21% on average in the first three months of this year, the highest level since the final three months of 2008.

12/06/2023

Motivation Monday...

'Start before you're ready. Don't prepare, begin.'

Have a productive week from everyone at Pomegranate Commercial Finance!

09/06/2023

Friday Fun…

In the spotlight today is our very own Cheeky Chappy… CHRIS DEXIADES!

We asked Chris some questions about his life away from work.

· What's something about you (a fun fact) that not many people know?

As a child, Chris was infatuated with everything Martial arts and Bruce Lee. This got him into Taekwondo from a young age.

· What's the last book you read?

The last book read by Chris was called ‘Sapiens – A brief history of humankind’ by Yuval Noah Harari.

· What is your favourite hobby?

Chris is a big Family man; he loves to slap some food on the BBQ and entertain family and friends. He also supports Arsenal, but we won’t go on about that!

· What's the first concert you ever attended?

It was Madness at Wembley Arena in the eighties. He even remembers what he was wearing on the night… Baggy Trousers!

· What's the next place on your travel bucket list?

Chris really wants to travel to the Far East and take in the sights of Japan, Malaysia and Singapore.

· Are you currently binge-watching any shows?

Chris is currently binge watching ‘Last King of the Cross’ a show set in Kings Cross, Sydney. Chris has family in Sydney, so the show really resonates with him.

08/06/2023

Thursday Thought…

10 Tips for Managing Small Business Finances

1. Pay yourself.
2. Invest in growth.
3. Don’t be afraid of loans.
4. Keep good business credit.
5. Have a good billing strategy.
6. Spread out tax payments.
7. Monitor your books.
8. Focus on both expenditures and ROI.
9. Set up good financial habits.
10. Plan ahead.

Key Takeaway

Some tips for managing small business finances include paying yourself a salary from your company’s earnings, planning ahead, paying off debt in a timely manner and focusing on your return on investment.

07/06/2023

What we do Wednesday...

Running a small business can require growth from an early stage.

Whether office equipment, company cars or heavy machinery is required, we have options that will enable your business to succeed, grow and prosper.

Asset finance in a nut shell?

It can provide a way for your business to raise funds in an affordable way.
It's simply a loan used specifically to buy or lease the products you'll use in the running of your business.

Often secured against the asset itself, it can be a great way to upgrade on current equipment or buy more to help your business grow.

Our trusted team can advise you on the best course of action for your business:-

[email protected]
[email protected]
[email protected]

05/06/2023

Good Morning from Pomegranate Commercial Finance...

Motivation Monday:-

'This is your Monday morning reminder that you can handle whatever this week throws at you!'

02/06/2023

Friday Fun…

‘Two financial advisors are in a bank when armed robbers burst in…

While one of the robbers takes the money from the tellers, the other proceeds to take the wallets, mobile phones, watches, and other valuables from the customers.

In the midst of the chaos, the first advisor jams something into his friend’s hand.

Without looking down, the second advisor says, “What is this?”
The first Advisor replies, “It’s the £100 I owe you.”‘

31/05/2023

What we do Wednesday...

At Pomegranate Commercial Finance we work with an extensive network of commercial mortgage lenders. This allows us to source the best rates and most suitable product for your funding requirements.

Going direct can often get you the worse deal. Our Commercial team leverage their relationships with lenders to ensure you get the best value mortgage over the best term.

If you are looking for that next step for your business growth, whatever it may be, then drop a message to organize a coffee with one of the team.

[email protected]
[email protected]
[email protected]
[email protected]

They have a wealth of experience in the Banking/financial sector and are here to help you.

Address

6th Floor, 49 Peter Street
Manchester
M23NG

Website

http://www.pomegranatecommercialfinance.co.uk/

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