Community Support
Each and every year, Victor Finance works with good causes in the local area to support their work, with the majority of these connections stemming from a team member's personal connection. In this case, it was Victor Finance’s Operations Manager, Barry Nicol who wanted to reach out to the NICU and support the vital work it carries out. “The work that [...]
Victor Finance surpasses the £1billion lending milestone
This time last year we were getting ready to announce our new acquisition, East Yorkshire Asset Finance. This year, we are truly proud to announce that Victor Finance has hit an incredible milestone - surpassing the £1billion lending threshold. “It’s hard to compute breaking through £1billion in funding,” says Stuart Williams, Director at Victor Finance. “It’s such a large number [...]
Taking home a title at the North Lincolnshire Business Awards!
As Q3 begins, what better time to look back at one of our calendar highlights from Q2? We are of course talking about the North Lincolnshire Business Awards. What an incredible night hosted by Anne Tate and the Hull and Humber Chamber team. With a Les Misérables theme giving the night a certain sophistication, complete with a performance from West [...]
New Acquisition
Making allies in business, collaborating, working in synergy. In our eyes, it is the only way to strive to be more proactive, forward-thinking, and innovative in today’s sometimes brutal corporate environment. Together we are stronger, which is why, a few months ago, Victor Finance entered into talks with a fellow asset finance business - East Yorkshire Asset Finance. As a [...]
US Elections
Even though U.S. election day is technically over, vote counting is still well underway. There has been a surge in the use of mail-in ballots as people seek to avoid voting lines, even socially-distanced ones. Notwithstanding this, polling stations are open and early numbers suggest record voter turnout. The basics of the U.S. election Although the media is largely focusing [...]
HMRC Gets Tougher on Businesses
HMRC, like everyone else, is clearly struggling with pandemic conditions. Notwithstanding this, however, it has found time to make some fairly significant changes. If you own a business, you need to know about them. Claiming preferential status in insolvencies As of December 2020, HMRC will be third in line to claim any funds available in insolvency cases. Its claim will [...]
What Does Remote Working Mean for Investors?
Only a short while ago, the government was urging office workers to get back to their offices. Now, large swathes of the UK are back in various tiers of lockdown. COVID19 will be consigned to the history books at some point, hopefully soon. Many of its consequences, however, look to be here to stay. Remote working seems likely to be [...]
Ombudsman complaints soar
When people think of companies and organisations which have been busy during lockdown, the Financial Ombudsman Service (FOS) might not be the first name that comes to mind. It has, however, been very busy indeed. In fact, it estimates that during Q2 (April to June) it handled more than 3,500 complaints related to COVID19. This was out of a total [...]
The economic consequences of COVID19
In the lead up to 2020, the media was full of throwback references to the “roaring” 1920s. This was an era of glamorous flamboyance and wild entertainment remembered for its flapper dresses, jazz and the Charleston. How wrong could those references have been? From COVID19 to COVID2021? We are now in the closing stages of 2020 and “COVID19” shows no [...]
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