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From: "Kurt Bradbury" <kurtbradbury@the-asset-finance-company.uk>
To: admin@sarahharvey.com
Subject: New CRLS from 6th April 2021
Date: 19 Mar 2021 17:57:14 +0000
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Organisation: Merrehill Ltd
Message-ID: <25658035.3394908.20210319175713@the-asset-finance-company.uk>
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Hello,
Following the 2021 Budget announcement, here is some information on the new=
=20
Coronavirus Recovery Loan Scheme (CRLS), which will be the replacement for =
the=20
Coronavirus Business Interruption Loan Scheme (CBILS) from 6th April 2021.
The scheme launches on 6th April and is open until 31st December. Loans wil=
l be=20
available through a network of accredited lenders, whose names will be made=
=20
public in due course. Term loans and overdrafts will be available between =
=C2=A325k=20
and =C2=A310m per business.
TAFCO will continue to offer CBILS facilities for asset purchases for=20
applications received before the end of March 2021. We also continue to off=
er a=20
wide range of standard asset finance with rates from 1.9% flat (subject to=
=20
status and asset type).
STOP PRESS - CRLS UPDATE
"Interest and fees to be paid by the business from the outset: Businesses w=
ill=20
be required to meet the costs of interest payments and any fees associated =
with=20
the facility."
ACT NOW Get your CBILS application in before the end of March 2021 to gain =
the=20
benefit of heavily subsidised interest payments.
From 6th April TAFCO, we will offer invoice finance and asset finance CRLS=
=20
facilities, which will be available for between =C2=A31k and =C2=A310m per =
business.
At this point, our accountants are wading through the finer details, but he=
re's=20
what we know:
Finance terms are up to six years for term loans and asset finance faciliti=
es.
Finance secured using CRLS can be used for any legitimate business purpose,=
=20
including growth and investment.
For invoice finance facilities, terms will be up to three years.
No personal guarantees will be taken on facilities up to =C2=A3250k, and a=
=20
borrower's principal private residence cannot be taken as security.
The government guarantees 80% of the finance to the lender to ensure they=
=20
continue to have the confidence to lend to businesses.
Typical Assets funded:
All types of wheeled and tracked assets including cars.
Machinery.
Soft Assets.
Refinance/Restructure.
More detail to follow as soon as we hear it, including more details on SUPE=
R=20
DEDUCTION and the proposed 130% Corporation Tax relief.
We have a team waiting to submit applications on CBILS and CRLS. Please reg=
ister=20
your interest by filling out our contact form. We can then either progress =
with=20
an immediate CBILS or we can prepare an application to have you at the fron=
t of=20
the queue for when CRLS goes live.
Enquire Now
<http://c.the-asset-finance-company.uk/C-1P-630-20RJ0-9UK-F9XV7-75WHQ800X>
Kind regards,
Kurt Bradbury | Managing Director
TAFCO
Station House Station Road, Elworth, Sandbach, Cheshire, CW11 3JG | Reg No.=
=20
08714242
This email was sent to you as a corporate subscriber within the meaning of =
the=20
Privacy and Electronic Communications Regulations 2003. Your personal data =
are=20
protected under the General Data Protection Regulation and Data Protection =
Act=20
2018. If you would like to know how and why you have received this message,=
=20
please visit our information page.
<http://c.the-asset-finance-company.uk/D-1P-630-20RJ0-F9XV7-75WHQ800X>
Email not of interest? You can unsubscribe from future mailings here.
<http://c.the-asset-finance-company.uk/U-1P-630-20RJ0-F9XV7-75WHQ800X>
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<title>New CRLS from 6th April 2021</title>
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max-height:0px; max-width:0px; opacity:0; overflow:hidden; background-colo=
r:#ffffff;">
Following the 2021 budget announcement here is some information on the ne=
w Coronavirus Recovery Loan Scheme (CRLS) which will be the replacement for=
the Coronavirus Business Interruption Loan Scheme (CBILS) from 6th April 2=
021. </div>
<table id=3D"bodyTable" align=3D"center" cellpadding=3D"0" cellspacing=3D=
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<tr>
<td align=3D"left" valign=3D"top">
=20=20=20=20=20=20=20=20=20=20=20
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#323232;">
Hello,</p>
=20
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#323232;">
Following the 2021 Budget announcement, here is some information on t=
he new Coronavirus Recovery Loan Scheme (CRLS), which will be the replaceme=
nt for the Coronavirus Business Interruption Loan Scheme (CBILS) from 6th A=
pril 2021.</p>
=20
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#323232;">
The scheme launches on 6th April and is open until 31st December. Loa=
ns will be available through a network of accredited lenders, whose names w=
ill be made public in due course.=20
Term loans and overdrafts will be available between £25k and &p=
ound;10m per business.</p>
=20=20=20=20=20=20=20=20=20
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#323232;">
<a=20
href=3D"http://c.the-asset-finance-company.uk/C-1P-630-20RJ0-9UK-F9XV7-75WH=
Q800X">TAFCO</a> will continue to offer CBILS facilities for asset purchase=
s for applications received before the end of March 2021. We also continue =
to offer a wide range of standard asset finance with rates from 1.9% flat (=
subject to status and asset type).</p>
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1.1em; color:#323232;">
<b><span style=3D"color: #d20f0f;">STOP PRESS - CRLS UPDATE</span></b=
></p>
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1.1em; color:#323232;">
<b><i>"Interest and fees to be paid by the business from the outset: =
Businesses will be required to meet the costs of interest payments and any =
fees associated with the facility."</i></b></p>
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1.1em; color:#323232;">
<b><span style=3D"color: #d20f0f;"><b>ACT NOW</b></span> Get your <sp=
an style=3D"color: #d20f0f;"><b>CBILS</b></span> application in before the =
<span style=3D"color: #d20f0f;"><b>end of March 2021</b></span> to gain the=
benefit of heavily subsidised interest payments.</b></p>
=20=20=20=20=20=20
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#323232;">
<b>From 6th April TAFCO, we will offer</b> invoice finance and asset =
finance <b>CRLS</b> facilities, which will be available for between £=
1k and £10m per business.</p>
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<p style=3D"margin:10px 10px 0px 10px;font-family: 'Gill Sans', 'Gill=
Sans MT', Calibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#32323=
2;">
At this point, our accountants are wading through the finer details, =
but here's what we know:</p>=20=20=20
=20=20=20=20=20=20=20=20=20=20=20=20
<ul style=3D"font-family:'Gill Sans', 'Gill Sans MT', Calibri, 'Trebu=
chet MS', sans-serif; font-size:1em; color:#323232; line-height: 150%;">
<li>Finance terms are up to six years for term loans and asset finan=
ce facilities.</li>
<li>Finance secured using CRLS can be used for any legitimate busine=
ss purpose, including growth and investment.</li>
<li>For invoice finance facilities, terms will be up to three years.=
</li>
<li>No personal guarantees will be taken on facilities up to £=
250k, and a borrower's principal private residence cannot be taken as secur=
ity.</li>
<li>The government guarantees 80% of the finance to the lender to en=
sure they continue to have the confidence to lend to businesses.</li>
</ul>=20=20=20
=20=20=20=20=20=20
<p style=3D"margin:10px 10px 0px 10px;font-family: 'Gill Sans', 'Gill=
Sans MT', Calibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#32323=
2;">
Typical Assets funded:</p>=20=20=20
=20=20=20=20=20=20
<ul style=3D"font-family:'Gill Sans', 'Gill Sans MT', Calibri, 'Trebu=
chet MS', sans-serif; font-size:1em; color:#323232; line-height: 150%;">
<li>All types of wheeled and tracked assets including cars.</li>
<li>Machinery.</li>
<li>Soft Assets.</li>
<li>Refinance/Restructure.</li>
</ul>=20=20=20
=20=20=20=20=20=20
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#323232;">
More detail to follow as soon as we hear it, including more details o=
n SUPER DEDUCTION and the proposed 130% Corporation Tax relief.</p>=20=20=
=20
=20=20=20=20=20=20
<p style=3D"margin:10px 10px 20px 10px;font-family: 'Gill Sans', 'Gil=
l Sans MT', Calibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#3232=
32;">
We have a team waiting to submit applications on CBILS and CRLS. Plea=
se register your interest by filling out our <a=20
href=3D"http://c.the-asset-finance-company.uk/C-1P-630-20RJ0-9UK-F9XV7-75WH=
Q800X">contact form</a>. We can then either progress with an immediate CBIL=
S or we can prepare an application to have you at the front of the queue fo=
r when CRLS goes live. </p>=20=20=20
=20=20=20=20=20=20=20
</td>
</tr>=20
<tr>
<td align=3D"left" valign=3D"top">
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<p align=3D"center" style=3D"font-family:Tahoma, Calibri, Arial=
, Helvetica, sans-serif; font-size:1.2em; margin: 10px; line-height:1.8;">
<a class=3D"button"=20
href=3D"http://c.the-asset-finance-company.uk/C-1P-630-20RJ0-9UK-F9XV7-75WH=
Q800X" style=3D"text-decoration: none; color: #ffffff;">Enquire Now</a></p>=
</td>
</tr>
</table>
</td>
</tr>
</table>
=20=20=20=20=20
</td>
</tr>=20
<tr>
<td align=3D"left" valign=3D"top">=20=20
=20=20=20=20=20=20
<p style=3D"margin:20px 10px 10px 10px;font-family: 'Gill Sans', 'Gil=
l Sans MT', Calibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#3232=
32;">
Kind regards,</p>
=20
<p style=3D"margin:10px;font-family: 'Gill Sans', 'Gill Sans MT', Cal=
ibri, 'Trebuchet MS', sans-serif; font-size:1em; color:#323232;">
Kurt Bradbury | Managing Director</p>
</td>
</tr>
<tr>
<td>
<table class=3D"table2" cellpadding=3D"0" cellspacing=3D"0" border=3D=
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<td>
<a target=3D"_blank"=20
href=3D"http://c.the-asset-finance-company.uk/C-1P-630-20RJ0-9UK-F9XV7-75WH=
Q800X">
<img src=3D"http://i.the-asset-finance-company.uk/3394908/27524-fo=
oter.jpg" border=3D"0" alt=3D"TAFCO" width=3D"100%" height=3D"74" style=3D"=
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<p align=3D"left" style=3D"font-size:0.7em; font-family: Helvetica, A=
rial, sans-serif; color: #171717; margin:10px;">
Station House Station Road, Elworth, Sandbach, Cheshire, CW11 3JG | R=
eg No. <span class=3D"appleLinks">08714242</span></p>
=20=20=20=20=20=20
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This email was sent to you as a corporate subscriber within the meaning of =
the Privacy and Electronic Communications Regulations 2003. Your personal d=
ata are protected under the General Data Protection Regulation and Data Pro=
tection Act 2018. If you would like to know how and why you have received t=
his message, please visit our <a style=3D"color: #404040;" target=3D"_blank=
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