Kick starting the latest Business Finance Bulletin we take our regular look at Bounce Back loans and CBILS progress. The Bounce Back loans have proved to be popular, but some concerns remain among businesses still struggling to access the Scheme. Aldermore Bank have surveyed businesses to understand the impact the lockdown has had on business […]
In this clip from an interview with Spencer Laymond with explore what Force Majeure is as a contract clause and how it could protect you. Watch the full interview here.
In the latest Business Finance Bulletin Xtra, we’re delighted to be chatting with Tunde Kehinde and Ercin Eksin founders of the alternative lender, Lidya. Lidya is the leading platform for small & medium business finance that provides access to finance across frontier, fast growing and emerging markets. The team is spread across 3 continents and […]
Opening this week’s Bulletin, we take our regular look at how the Coronavirus Business Interruption Loan Scheme is performing and how the approval rate is on the rise. The Bounce Back Loan Scheme has been launched and we look at how some banks have been better than others in terms of their processes. Wrapping up […]
This week saw an addition to the Business Loan Services team. In the latest Business Finance Bulletin Xtra we chat with Shayne Yates to learn more about his background and plans to help his clients access much needed finance. If you prefer to listen to the podcast version you can click below or download to […]
We open this Bulletin with an update on the CBILS performance. How are the accredited lenders doing in terms of getting money out to businesses in need of support? Will the launch of the Bounce Back Loans help those businesses which failed to access funding under CBILS? We look at surveys carried out by Lloyds […]
Our guest in the latest episode of the Business Finance Bulletin Xtra is Spencer Laymond from Curwens solicitors. As a Partner, Head of Commercial and specialising in business law, Spencer provides insights and tips on drafting legal contracts, the mistakes to avoid and remedies to pursue if contracts go wrong. If you would prefer to […]
Seven CBILS panel lenders have waived the requirement for a Cashflow Forecast. Here’s why you should still consider preparing a forecast.
The government has launched the Bounce Back Loan to help smaller businesses access funding. Whilst many will be eligible, one element of the criteria is that a business can’t be classed as an ‘Undertaking in Difficulty’. We look at how this could result in some small businesses missing out. You can also listen to the […]
Kicking off this Bulletin, we look at the latest Coronavirus Business Interruption Loan Scheme update from UK Finance which, following a slow start, reveals that the number of loans distributed is now picking up. One gap in CBILS eligibility has been support for start ups and pre-revenue/pre-profit innovation-focused firms. We review the announcements of a […]