Enjoy a smoother, cleaner ride and save thousands on your new company car!

Thanks to tax concessions from the government, Hybrid vehicles can save you and your business thousands compared to equivalent diesel cars. Take advantage of an immediate grant of £2,500 from the Office for Low Emission Vehicles when purchasing a Hybrid car, and enjoy substantial tax breaks over the first 3 years.

For example, when comparing two C-Class Sport Saloons of identical specification (a Mercedes Benz C350e Premium and equivalent Mercedes Benz C250d Saloon) on a 3 year operating cycle at 60,000 miles over term, the diesel option incurs significantly more personal financial tax liability:
– For a 20% tax payer, an extra £3,150 over 3 years (£87.50 per month)
– For a 40% tax payer, an extra £6,346 over 3 years (£176 per month)
– The diesel vehicle also costs the employer £2,049 more in Class 1A NIC contributions over the 3 years (almost £57 per month)

Take the Hybrid highway this year, and save thousands for you and your business. Call us on 01872 272900 to discuss your needs.

Typical Finance example:
Mercedes Benz C350e Saloon Premium with standard paint
Cost: £40,540.00
Deposit: £4,054.00
Advance: £36,486.00
36 x £763.73
1 x £12,962.50
2.75%pa Flat rate & applies to Non-Regulated Business only.

An innovative biker-themed diner in Indian Queens has enjoyed a business boost thanks to the purchase of a new motorbike for marketing.

Chapters Diner purchased the Suzuki C1500 T via Ignition, a leading UK provider of vehicle and asset finance for SMEs based in Truro.  Since then the owner, Darren Berrey, has been riding across Cornwall handing out flyers and promoting his business, resulting in a marked increase in trade.

Biking enthusiast, Darren Berrey, has enjoyed support from Ignition since the launch of his Diner early last year, when Ignition helped with the purchase of a coffee machine and furnishings.  Sadly the fledgling business, which had immediately enjoyed fantastic reviews and strong support from both the biking community and locals, was stopped in its tracks by a disastrous fire a few months later.

Thankfully by June 2015 the Diner was refurbished and up and running again, and has gone from strength to strength ever since, with Ignition helping with the purchase and fit out of a second shipping container in October 2015, doubling floor space and covers and enabling 100% expansion.

Darren Berrey comments:

“Starting a new business is always a challenge, and the fire was certainly a huge set-back, but Ignition has supported us and believed in the business from the outset.  Chapters Diner wouldn’t be the success story it is today without Ignition.

“Our new bike has definitely attracted attention and helped us to spread the word about the diner.  We’re really busy!”

The Chapters story began when Darren Berrey was working as a Firefighter and Road Safety Adviser. He came up with the idea for a good quality catering outlet on the site of the Damerells Motorcyling dealership, serving breakfasts and burgers for hungry bikers and their families.  Darren now has plans for possible Chapters 2 and 3 on motorbike dealership sites in Saltash and Falmouth.

Steve Hunt, Director at Ignition comments:

“It’s been wonderful to see Chapters Diner flourish from an initial concept into reality.  Darren has worked really hard, against all odds, to realise his dream and create a gem for bikers and families.  We wish him every success for future expansion and will continue to offer our full support.”

Paul Caunter, Director at Ignition Asset Finance, has become a Fellow of the Leasing Foundation, the not-for-profit organisation that supports the leasing and asset finance industry.

The Leasing Foundation Fellowship is an invitation-only community of exceptional professionals, recognised for their personal commitment to and active participation in the advancement of the industry.

Paul has 23 years’ experience in the leasing and asset finance industry: 15 years with a large corporate bank and eight years in his current role at Truro-based Ignition, a leading provider of vehicle and asset finance for UK SMEs.  In July this year, he took on an additional role, joining Falmouth University as an Associate Lecturer, helping to develop and deliver a new MA course in Leasing and Asset Finance.

Paul Caunter comments: “I’m honoured to have been invited to join the Leasing Foundation Fellowship, and will continue to do all I can to help the Foundation support and develop the industry.”

Many of us were surprised by the UK’s decision to leave the EU following the referendum last month, and it inevitably sent shock waves throughout the UK business community and international markets, as everyone tried to predict what kind of impact the decision would have.

A month on from the referendum, and although there is still some uncertainly as to what the future will hold, in typical British fashion there are strong signs that it is ‘business as usual’ for many UK companies. Although reports show that hiring and spending is generally down since the Brexit vote, the pound appears to be stabilising with the appointment of Theresa May as Prime Minister, signalling that investors are anticipating greater stability.

Certainly here at Ignition, we are as busy as ever, with no discernible impact on the number of SME clients applying for finance to grow their businesses. In fact, with current low interest rates, many businesses are taking advantage of the low cost of borrowing.

Whether in favour of ‘remain’ or ‘leave’ it seems SMEs are staying positive and making the best of the situation, which can only bode well for the future of UK business.

A new Pizza takeaway and delivery shop is opening today on Fore Street in Liskeard, with help from local asset finance provider, Ignition.

Big D’s Pizza will serve fresh pizzas and jacket potatoes, offering a small seating area, takeaway option and local delivery service.

Fit-out is now complete, with all kitchen equipment including special pizza ovens funded via Ignition, which has particular experience in providing finance for clients in the catering industry.

Owner, Dennis Williams, who also runs a cleaning and maintenance business in Plymouth, recently purchased the unit which has been empty for over two years:

“We came to visit Liskeard and immediately loved the town and saw the potential here. It’s a lovely area with plenty of customers and lots of sunshine!

“We got in touch with Ignition to help us get the business started.  They offered such a low interest rate, the bank didn’t even come close.”

Based in Truro, Ignition is a leading provider of vehicle and asset finance for SMEs, offering finance for a wide range of assets from plant and machinery to vehicles and business equipment.  Director, Paul Caunter, comments:

“It’s always costly starting a new business, so many start-ups come to us for financial help to purchase essential equipment to get them up and running.  Big D’s Pizza is offering a popular service in a prime location, so it’s sure to be a success.”