As the application deadline to apply for a Bounce Back or CBILS loan fast approaches, there is talk of a new government-backed loan being announced in this week’s Budget. Focusing more on recovery than survival we consider what the features of the loan could be. Smaller, local businesses have been badly hit over the last […]
What is the business borrowing environment going to look like post Bounce Back Loans and CBILS? Opening the latest Business Finance Bulletin, we look at why obtaining finance will be challenging once the government loan support schemes finish. After two years in the making, seven of the major banks have launched the Business Banking Resolution […]
Kickstarting this latest Business Finance Bulletin, we review the changes announced to the Bounce Back Loan scheme. The tweaks to the scheme will help those small businesses which are seeing a slower uptick in trading than hoped for. Those businesses trading in Europe are finding it a challenge to negotiate the new rules and regulation. […]
Opening the latest Business Finance Bulletin, good news in a survey from Hitachi Capital Business Finance, which reveals that despite continuing lockdowns, many businesses are still looking ahead to growth. But not all sectors are so confident. We look at findings from Purbeck Insurance Services which highlight that businesses which took on larger CBILs facilities […]
Changes are being made to the Bounce Back Loan repayment terms which will ease cash flow concerns for many businesses. We look at the options the government are offering to help relieve the repayment burden.
The Insolvency Service has reported on the number of firms which entered some form of insolvency arrangement in 2020. Opening this Bulletin, we look at why the numbers are lower than 2019 and how the tidy is beginning to turn. We look at the latest CBILS and Bounce Back Loan figures which reveal that demand […]
With 2021 being the year where managing cash flow will be more important than ever efforts to reduce instances of late payment are always welcome. We open our latest Business Finance Bulletin with changes announced by the Prompt Payment Code which will see its members reduce the number of days taken to pay invoices. If […]
In the first Business Finance Bulletin of 2021 we open by looking at the latest Business Finance Review from UK Finance which reveals the level of borrowing businesses have taken on in the first three quarters of 2020 and the challenges this will bring. In 2021 the adage that ‘cash flow is King’ will never […]
This edition of the Business Finance Bulletin is a Bounce Back and CBILS fest! We kick off with the news that following a raft of new restrictions the government has extended the application deadlines for all the loan support schemes. The swift roll-out of the Bounce Back Loan scheme has been criticised by the Treasury […]
Cash strapped businesses which are facing creditor pressure have been granted further breathing space by the Government. Opening our latest Bulletin, we look at the announcement that the suspension on serving Statutory Demands and Winding Up petitions has been extended. Could this lifeline create more zombie businesses? MarketFinance has launched its Business Booster Fund which […]