Mike Bailey, CAVA Finance 0161 222 9599
Hints & Tips, News

As a specialist in finance for New Start companies, CAVA wanted to share some tips with those who might be looking to finance a vehicle or asset for their new business. How do you know if you are a new start business? This is usually down to the discretion of the funder. Some funders will view a company as a new start for up to a year but others may view this as 1-3 years so there’s no hard or fast rule that defines a business as a new start when itSEE DETAILS

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News

At the end of October Mike attendee the Bury FC Legends Vs Bury All Stars match at Radcliffe Borough. Mike was delighted to meet his 1970s hero, striker Derek Spence, pictured below.It’s been a tough time of late with the incredibly disappointing news that Bury have been expelled from the English Football League after not being able to secure new ownership before the deadline.Despite this and the impact it’s had on not just Bury fans but Bury as a town, suffering loss of business on match days for example, weSEE DETAILS

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News, Taxis

Earlier this year it was announced that new incentives were being introduced for taxi drivers, resulting in Electric Taxis being exempt from higher tax rates in order to promote the use of zero emission capable vehicles. The Shadow Business Secretary, Rebecca Long-Bailey also recently announced that a Labour government would invest £5.8 billion into the UK’s automotive industry in a bid to accelerate the shift to EVs.The proposal has been welcomed by those in the industry who feel this acknowledges the important role which fleets play in helping the UK toSEE DETAILS

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News

The cricket might be over for the season but Mike’s still getting his sporting fix. He recently travelled to Wentworth Golf Club in Surrey to spectate at the 5-day BMW PGA Tournament. Wentworth is one of the most prestigious golf courses in the world, surrounded by mansions and with a rich history stemming from its founding in 1922. Mike and his partner Jane attended the Pro-Am day which saw a host of the world’s top, pro golfers and a group of well-known sports people and celebrities take part. None other than Ronan KeatingSEE DETAILS

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News

Records released by highways England show that a huge number of breakdowns occurred in the financial year 2018/19. 224,225 breakdowns were recorded which sees an increase of a fifth in just two years. Why are we seeing more breakdowns? Well, the average age of cars is increasing. Back in 2003 the average age of a vehicle was 6.8 years old, rising to 7.8 by 2015 and as of last year 8.2. As we know, with old age comes a few health implications! Traffic volumes have been ruled out as a cause ofSEE DETAILS

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