How to apply for the Coronavirus Business Interruption Scheme? Throughout 2020 and continuing into 2021 many small businesses have been affected by coronavirus. With forced closures, national lockdowns and people spending less, many businesses have seen their income decline over recent months. To offer a level of support, the government announced the Coronavirus Business Interruption […]
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What is the Coronavirus Business Interruption Loan Scheme (CBILS)? Firstly CBILS is a new scheme that can provide facilities of up to £5m for smaller businesses across the UK. It is for businesses who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. CBILS supports a wide range of business finance products, […]
VAT loans We can arrange specific VAT Loans for all types of businesses. VAT loans are typically short term (less than 12 months) to help spread the cost. Short term finance Cash flow is an essential part of any business, however periodically managing large expenditures while still managing supplier overheads can at times be difficult. […]
Spot factoring is a type of facility which allows businesses to fund cash flow by selling an individual invoice or debtor to a third party (a “factor”). Unlike traditional invoice finance facilities you do not have to finance your whole sales ledger and can be selective with the specific invoice or debtor you require funding […]