Gener8 Finance announced as WINNERS of the Insolvency & Recovery Awards 2015

The team at Gener8 are thrilled to announce that we won the award for “Asset and Invoice Finance Provider of the Year” at the I&R Awards ceremony, held at the Hilton, Park Lane on Wednesday 21st October.

Pictured below are Karen Fisher, Kirsty Cook, Ian Wedge and Paul Stokes from Gener8, collecting the award on stage.

Gener8 Finance Winner photo

Gener8’s Managing Director Paul Stokes says:

“This award recognizes the commitment and attention that we believe we deliver to our clients day in, day out. I am really proud of the whole Gener8 team for making us stand out against some serious contenders.”

IMG_20151022_135920

From Left to Right – Sabrina, Louise, Rebecca, Susan, Karen, Maria, Naomi, MD Paul Stokes, CEO Dave Richards, Tracey, Kirsty, Peri, Helen, Charlotte

Although only a few of us could attend the event to collect the award, this was a real team effort and we are pictured above bringing the prize home.

At Gener8 we know that even strong, established businesses can sometimes experience cash flow problems. We have the knowledge, experience and desire to help owner managers operating in a wide range of sectors, to grow their businesses.

 I&R Awards 2015 - Asset and Invoice Finance Provider of the year - Winner

If you would like to discuss your invoice finance needs and requirements, or know of a business/business owner who would really benefit from our services, please contact our team in the office by calling 0333 121 8888 or via our website http://www.gener8finance.com/ and one of our team will be happy to help.

Advertisements

Are you one of the 75% of British business owners who have no contact with their bank?

G8relationshipsA recent study has discovered that an incredible 73 percent of business owners have no contact with a relationship manager at their bank.

A bank account is a fundamental requirement for any business – we literally couldn’t do business without one – and it appears that the banks are missing out on the opportunity to build enduring relationships with their customers.

For many business owners, the days of a visit from a friendly, knowledgeable bank manager are a thing of the past, replaced instead by the full call centre experience. It’s therefore not surprising that 67 percent of those surveyed are actually happy to look beyond their bank when seeking finance.

Even though access to finance for SMEs remains high on the political agenda in the wake of the banking crisis, British businesses have never had so much choice when it comes to raising finance. The continued rise of peer to peer loans, online (“fintech”) lenders and general competition in the alternative finance space means that the bank is just one funding option open to a director.

Communication and trust play a key role in any business to business relationship, and without that regular ‘touch point’, how do businesses benefit from the advice and support of a lending partner?

With the major clearing banks adopting a passive approach to the majority of their business customers, offering basic services and minimal face to face advice and support, it is not surprising that businesses are shopping around when it comes to raising finance.

The attraction of a smaller, independent funder offering high quality relationship management is clear.

Here at Gener8, clear, 2-way communication with our clients is a fundamental aspect of the relationship. This enables us to anticipate their requirements and provide the right support at the right time. By sticking to our core values of great value client service, we are driven to meet the needs of business owners, who demand a real business relationship.

Ben Sumner – Gearing up for a triumphant season

Ben_in_race_modeAs huge cycling fans, Gener8 Finance are pleased to announce that we are sponsoring one of the country’s leading Cyclo-Cross riders, Ben Sumner for the 2015/16 season.

Cyclo-Cross is already extremely popular in Europe, as both a participation and spectator sport, and is rapidly gaining popularity in this country. It is very different to traditional road and track racing, and involves riding over a variety of terrains, including fields and tracks, with competitors having to dismount and carry their bikes over obstacles.

Oxfordshire-based Ben (pictured right), 21, is the reigning under 23 Trophy Series champion, a title he also won in 2014. In addition, he won his third consecutive bronze medal in the under-23 category at the British National Cyclo-Cross Championships in 2015.

Ben’s Under-23 category success was also enough to see him come 3rd in the National Trophy Elite Men’s Series – we are confident that he is heading for greatness, and at Gener8 we are proud to be supporting him all the way.

Ben rides for the Beeline Bicycles Cyclo-Cross team, which is owned by Beeline Bicycles, Oxford’s leading cycle retailer (www.beelinebicycles.co.uk). The Beeline team is a huge supporter of up-and-coming cyclists in the U.K. and has a stable of talented young riders.

Beeline_Homepage_logo_x1sizeThe cycling season begins again in October, and will see Ben compete in the Round 1 of the National Trophy series in Southampton, on the 11th. His main goal this year is to focus on the National Trophy, and win the yellow jersey!

Pre-season training is going well, with Ben recently competing in the Eastern Cyclo-Cross League (www.easterncross.org.uk/race15-16-1.htm) at Basildon Sporting Village in Essex, which he won comfortably, beating the 2nd placed rider by a full 1 minute 20 seconds!

“For the first race back I was just testing my legs really. I’m going to be focusing on the National Trophy this season, and aiming for that yellow jersey. I don’t think that’s an unrealistic expectation.” (Ben Sumner)

Gener8 will be following Ben’s progress as he continues to compete across the UK and Europe, and we will be sharing his journey with you.

You can follow Ben & Beeline at:

Twitter: https://twitter.com/bensumner  https://twitter.com/beelinebicycles

FRP Advisory, Brentwood, raise more than £14.5k for charity

The Brentwood office of FRP Advisory, recently held its biggest-ever fundraising campaign – a charity triathlon, inviting members of the business community to take part.

The event, which attracted over 140 competitors, comprised of a 400m open-water swim, followed by a 20km bike ride and a 5km run.

p1Gener8 Finance, who co-sponsored the event, put in a team and came in a creditable 9th out of 38.

“It was great to be able to support our friends at FRP Advisory in raising money for such a wonderful cause. We are a sporty bunch at Gener8 generally and so it was a pleasure to be able to enjoy some good-natured competition in great company. I was also pleasantly surprised at our team’s finishing position!” Paul Stokes. Gener8 Finance Managing Director.

The event itself was a huge success “The response was phenomenal, we couldn’t be more pleased,” said Glyn Mummery of FRP: “We set ourselves a target of raising £10,000 for Little Havens Childrens Hospice and thanks to the support of the business community and sponsors, which included Gener8 Finance Ltd, we’ve exceeded that target, reaching £14,581.09 so far.”

Our aim now is to make it a permanent fixture in the corporate calendar and from the feedback we’ve had, we know it will be bigger and better next year.”

Pictured right, the Little Havens resident Pooh Bear holds the cheque presented
IMG_3737 (2)by FRP Advisory. Little Havens will use the money to provide respite breaks, symptom control and end-of-life care to youngsters not expected to reach adulthood because of a life-limiting or life-threatening condition. www.havenshospices.org.uk .

The Gener8 team would like to congratulate FRP Advisory on organising such an enjoyable event, and to thank Little Havens Hospice for the fantastic work that they do.

All the essential financial news & topics in one place

Welcome to the new Gener8 Finance blog!

The team at Gener8 have so much to talk about that we felt now was the time to launch our new blog and get started on sharing knowledge and team and industry news with you. 

We hope that you enjoy reading our upcoming blog postings, but please feel free to contact us with an feedback that you have.

Watch this space for our first official post…

Best wishes

The Gener8 Team