Mike Bailey, CAVA Finance 0161 222 9599
Coach, Minibus/Coach Finance, News

In a time where everything seems to have been flipped on it’s head, businesses are struggling and people’s daily lives are disrupted, it’s important to make the best out of a bad situation.

Longstanding customer A&A Travel (Sussex) Ltd have done exactly that. Following on from last Friday’s school closures around the country and Monday’s announcement of more significant lockdown measures, the company are doing all they can for their community.

These measures have resulted in unexpected availability of drivers and vehicles, where they would previously have been on the school run or providing transport for commuters.

Based in Sussex, the company have been providing transport to their community for 20 years. Many of their passengers fall into the elderly or vulnerable category. To give back, A&A put in place a free transport service to those who need it most.

“In these difficult times, we want to do our part to give something back to the community, and to our valued customers.”

Of course, with the daily announcements from the Government altering people’s usual routines and them recently imploring people to remain at home, this service will no longer be able to operate for the public in the same way.

However, A&A haven’t stopped there. In between sanitising their vehicles and ensuring passengers are seated a safe distance apart, they’re looking after our NHS and other important key workers.

“We also want to give something back to all those working hard in the NHS, Emergency Services, and “Key Worker” communities.”

Their commitment takes care of the transportation for key workers and their children, including;

– Transporting children of Key workers to School

– Rail Replacement, including emergency

– Transporting Key workers to & from work

– Patient Transport for hospitals

The company have noted on their Facebook page that they are in talks with the Council, Police, Local MP’s and Hospitals about how they could also offer further services or potentially adapt their vehicles to help a greater number of people.

If you have any contacts in East or West Sussex who may benefit from A&A Travel’s generous contribution to essential travel, please get in touch with them here.

We’re also keen to find out what our other clients are doing at the minute. If you have a story to share which could give someone a well needed boost, we want to spread positive news. Please get in touch here.

CAVA Finance is operating as usual during this time, albeit from the home office, and happy to assist with any queries!


Contact Mike, Hints & Tips, Minibus/Coach Finance, News
Globally we are facing a time of great uncertainty, the impacts of which are being felt across all industries.

In view of these unprecedented circumstances, we wanted to reassure our clients that our funders will work with our you to take your individual circumstances into consideration, if your business has been impacted by the Coronavirus.

From the shutting down of vehicle manufacturing factories to the impact closer to home for coach, minibus and taxi operators, the automotive industry is facing economic shockwaves caused by the reaction to the virus.

This is a particularly tough time for those who rely on customers travelling, with self-isolation or even mass quarantines being introduced, taxi and coach operators are seeing a loss of bookings, with staff being prevented from travelling or customers putting holiday plans on hold.

As mentioned above, funders are treating each case individually but may be able to assist with ‘finance holidays’ to ease the financial strain of a loss of custom during this time.

I will be offering free advice to clients with concerns or difficulties. If you would benefit from this, you should contact me here and we can discuss in more detail.

Similarly, if you have any specific queries relating to your contracts or future vehicle and asset purchasing needs, which you feel may be impacted by Coronavirus, please let me know.

Please get in touch with me should you need any more information.

If you’ve followed CAVA for a while then you’ll be familiar with Mike’s love of sport. He’s now in the twilight of his cricketing career, and so decided to take up a sport that would still provide competition and keep up the “dressing room banter.”

Having played occasional golf for a number of years, Mike took up golf more seriously in  July 2018, joining Greenmount Golf Club in Bury, he now plays off a handicap of 22.


GGC recently arranged group coaching lessons with professional Mike Bardi at Golf Rossendale Driving Academy, Marl Pits. He’s had 6 lessons with 6 more booked and has definitely seen an improvement in his golfing abilities, with an aim to get his handicap down to 18 by the end of the  Summer!

Take a look at Mike getting some swing practice in below!

Mike Bailey Golf

Commercial, News

It can be difficult to navigate the finance arena as a small business, and to know what’s worthwhile and what’s not when it comes to finance for a new vehicle or asset for the company.


CAVA prides itself on providing a no-nonsense approach, whether you’re a start up company or have been trading for years. We treat every customer with the same personal service, advising with integrity and your best interests in mind.


A couple of months ago, in October, Mike Robinson of Rothwell Robinson Ltd contacted us to provide a testimonial after we worked with him to secure the finance for a Ford Transit for their building services company.


As a small, family run firm, the company was looking for a suitable finance option for the new vehicle but were faced with un-viable options offered by larger dealerships. Munro Greenhalgh insurance brokers recommended us to Mike who then contacted us to discuss a more suitable deal.

As a broker, generally CAVA are able to offer more competitive deals than that which you might receive via motor dealer finance. We are well connected and have access to the whole of market, including specific lenders for taxi finance or specialists in particular types of asset for example.

We’re pleased to have helped Mike and the team at Rothwell Robinson to expand their services in the Greater Manchester area. Take look at their testimonial here and if you’re looking for a sensible approach to vehicle finance, then contact CAVA today on 0161 222 9599.




It’s not all doom and gloom this winter! Mike has had a short break in Gran Canaria, visiting Playa Del Ingles where he’s visited previously.

It’s not exactly off the beaten track but certainly less touristy than other areas, Mike has enjoyed a few days by the pool in the sunshine and sampling authentic food from the local restaurants. Not a British bar in sight!

You can take the man out of Bury but you can’t take Bury out of the man, Mike was sporting his new Bury FC Legends shirt whilst away, supporting the club wherever he goes.


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 it comes to securing finance.


Why can it be more difficult to secure finance as a new start?


Generally this comes down to financials and experience. Previous experience in your particular industry is an important factor. If you’re starting a new business which is in an industry you’ve never worked in, you may not have an existing customer base and as such your company is more “risky” to offer finance to than an established one.


Secondly, company financials are what a finance company would consider when working with a client. If you’re a new start, financial information will be limited. However, credit scores are also taken into consideration here and it’s not impossible to secure finance as a new start business, CAVA are experts in this area and have built up great connections with lenders.


What else might I need to be aware of when sourcing finance as a new start?


Our biggest piece of advice is to do your research! Know your numbers, know what you need to borrow, how much can you comfortably afford? Don’t overstretch yourself, be sensible with your first purchase. 


This one might seem obvious, but you’ll need to be able to prove your identity and place of residence.

CAVA have helped many new start companies to secure finance, including KP Cabs (Cornwall) Ltd, A&A Travel (Sussex) Limited and Bryants Travel Ltd, all of whom have worked with CAVA for many years now.

Don’t hesitate to get in touch if you’re a new start company looking for assistance with competitive finance. 




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.

Derek Spence

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, we wanted to focus on the positives that have come out of a terrible situation.

The match on the 20th of October was superbly organised by 3 Bury fans and saw both ex/retired players together on the pitch. There were over 2000 people in the crowd, all loyal fans. There was an auction following the match, giving fans the chance to bid on players shirts in order to support funding for the Phoenix club. The match raised over £20K, take a look at the video here to get a taste of the atmosphere on the day.

Despite the Phoenix club not yet being launched due to uncertainty around the future of the club, people are still showing their support.

There’s a huge sense of community spirit still, with pubs in the area committed to showing highlights of past matches and providing a place for regular match goers to meet as they usually would, providing income for the pubs that would have been lost. Mike recently featured in a news piece by ITV Granada Reports about this, you can take a look here.

There’s even a pop up exhibition being organised for the 23rd and 24th of November called We Are Bury, featuring memorabilia and kit. We’ve been keeping up with the latest news around the club on the @BuryXI twitter page so if you’re as big a fan as Mike is, get following!


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 to reach it’s zero emissions goal.


The Government has already backed a Euro 6 conversion scheme which will see NOx emissions reduced in major cities.

What are Euro 6 Standards?

The Euro 6 Standards were introduced back in 2015 and relate to environmental pollution caused by exhaust emissions. The issues lie in aging vehicles which produce more pollutants.


In an effort to reduce these emissions, standards have been introduced for manufacturers which mean they are required to meet these standards in order to sell their vehicles.


NOx is a pollutant caused by fuels such as petrol and diesel, there are limits in place as part of the Euro 6 standard. The older the vehicle and the higher the NOx levels, the higher the costs in terms of road tax.


We have previously looked into the ULEZ (Ultra Low Emissions Zone) which places daily charges on vehicles entering the zone, which are the highest pollutants, in a similar way to the congestion charge. Whilst taxis are exempt from the charges, as of this year all new taxis are required to be zero emission capable. From October 2021 we’ll see an expansion of ULEZs to more UK cities outside of the Capital. 



How are cars tested for emissions?

The tests are designed to reflect real world driving, with new tests being brought in last year. These focus on fuel economy and emissions, these tests are carried out on real roads as opposed to labs to ensure the tests are as reflective of real life as possible.


Taxis are at present, responsible for around 25% of NOx and are on their way to being the biggest source of transport pollution in London by next year.


There are however plenty of options for taxi companies looking to expand their fleets in a more environmentally friendly way. Companies such as LEVC are pathing the way for greener taxi manufacturing. They join Nissan as one of the world’s few purpose built electric and hybrid taxi manufacturers.


Not only will switching to electric vehicles be better for our environment but there’s now more and more charging points being installed across the UK which is helping to reduce fuel costs.


If you’re part of a taxi or private hire company and are looking to the future, CAVA can assist. We have access to a range of funders who are experienced in finance for both Hybrid and Electric Vehicles. Contact us on 0161 222 9599 to discuss further.



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 Keating had the honour of meeting CAVA’s finest when his golf ball rolled over to Mike’s feet. Ronan asked for the ball to be kicked back over to him and in true Mike Bailey fashion, Mike responded with “Play it from where it lands!”


The weather was glorious, and the surroundings were even better. Mike also enjoyed seeing the amateurs miss occasionally, as it gave him hope for his own future amateur golfing career…

Take a look at some of the famous faces below!



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 of increased breakdowns as figures have remained steady in recent years with minor increases, indicating that vehicle age is the root cause.


Figures were provided to Auto Express and they’ve reported that in the last two years breakdowns have increased by 14.8% compared to 2017/18.


Despite Highways England only being responsible for 2% of England’s roads, which amounts to 4,300 miles worth, a third of the country’s traffic is carried just on these roads.


In 2018, July and August were the busiest months for breakdowns as families headed on to summer getaways and weekend breaks.


CAVA agrees with the AA’s head of roads policy, Jack Cousens who says: “Breaking down on a motorway can be a frightening experience, so spending a few minutes before you set off checking your car over could make all the difference.”


This is further backed by the RAC’s Simon Williams; “These figures serve to highlight the importance of carrying out checks before setting off. A lot of breakdowns are entirely avoidable if drivers check oil and coolant are at the right levels, and ensure all tyres are inflated properly and have sufficient tread.”


Do you have any journeys planned over the coming months? Don’t forget to make simple checks before you set off to help prevent a breakdown. If you find you are breaking down, then perhaps it’s time to give CAVA a call on 0161 222 9599 and look at a new vehicle that can get you from A to B without the hassle?