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Introduced to help meet the government’s climate change and air quality targets, this could have a significant financial impact. Some contracts may have been priced or planned at the lower cost, and decisions may need to be made as to whether you pay to upgrade to more environmentally friendly alternatives where practical, or pay the higher costs of standard white diesel.

How can Credo help?

The government hope that ending the rebate would push contractors within the industry to find alternative, more environmentally friendly fuel sources, but we understand some businesses are simply not ready to do this.

The rising cost of diesel will inevitably have to be passed to the customer eventually, but in the meantime, there are a number of practical steps we can offer to help cashflow during the transition. These include:

Asset Refinance – to raise cash against assets you already own unencumbered. As with asset finance, manageable monthly payments are agreed over a fixed term. Refinance is available against all wheeled and tracked assets.

Invoice Discounting –  Instant access to funds helps strengthen your cash flow, giving you increased flexibility and headroom between incurring expenses.

VAT & Corporation Tax Bill Loans – Fund your VAT bill over a 3 – 12 month period to preserve your cash flow and maintain working capital for other areas of your business.

Commercial Loan – Lump sum payment into your business to help you manage your cashflow, invest and grow to be repaid over a maximum of 5 years.

* Credo Asset Finance Limited are authorised and regulated by the Financial Conduct Authority (FRN:670710), authorised for Credit Broking .

We may receive commission for introducing you to a lender. Different lenders may pay different commissions for such introductions. The amount of commission is fixed and does not affect the cost of credit.

Spring is here! The trees are coming into leaf, flowers in bud and classic cars are going back on the road after their winter lay-off.

Now is also a good time to indulge yourself – update your classic car, expand your collection or take up this popular pastime with your first old car.

You will join a growing band of classic car lovers and owners, visiting summer shows, making new friends and learning new skills when it comes to care and maintenance.

Credo Asset Finance can help put you on the road to classic motoring fun. Our specialist team works with a multitude of trusted lenders and can also fund purchases with our innovative in-house lending.

Ian Robertson, owner and publisher of Classic.Retro.Modern. magazine, said: “Most people put their coveted classics away in the winter.

“Now is the time they get any regular maintenance finished and start to get their classic cars out because it is not very wet, the temperatures are warming up and salt is off the roads.

“March 1st onwards is when owners start to take them out, get any repairs done and the cars recommissioned ahead of the first shows.”

So, with spring here and summer looming, why not buy a well-sorted classic car.

It need not cost a fortune. There are more than 1.5 million historic vehicles in the UK and half are worth less than £10,000.

With the classic car market pretty buoyant, it could even be a good investment if you sell it on having been its latest custodian.

Ian said: “Running a classic car is such a sociable pastime because everyone wants to talk about the cars and you can go along to shows, meet people and make new friends.

“There is a lot of camaraderie and everyone helps each other keep the cars on the road.

“It is about passing on knowledge about cars from a past era.”

Find out how we can help you – call 01603 381955 or email [email protected]

*Credo Asset Finance Limited are authorised and regulated by the Financial Conduct Authority (FRN:670710), authorised for Credit Broking and lending.

We may receive commission for introducing you to a lender. Different lenders may pay different commissions for such introductions. The amount of commission is fixed and does not affect the cost of credit.

In exactly three months time (19th April) 24 teams will embark from the Nest in Norwich to the Highlands in Scotland for the momentous Canaryball Rally, following the route of the NC500!

We will be spending the first night in Perth, moving up to Thurso, then Ullapool and on our last day we will travel back down to Pitlochry where we will host a gala dinner and present prizes. There will be many challenges along the way, and each team will win points depending on the challenge they undertake. The team with the most points will win the coveted Canaryball Rally Trophy!

There is much work to do from now until then, and everyone is committed to making this a fantastic event.

With 24 teams taking part with a target of £2,000 each, we are hoping to reach our Rally target of £50,000 to go to The Community Sports Foundation who do amazing work for the community and who we raised £75,000 for from the first Canaryball Rally back in 2019.

So far Credo has raised almost £3,000 towards their £5,000 target and we are hoping to bring more to the pot very soon. If you would like to donate to this wonderful charity, please click here.