Insolvency Law Changes; Cashflow Challenges Facing Businesses; and Bounce Back Loan Fraud
We open the latest Business Finance Bulletin with a look at changes to insolvency law with the passing of the Corporate Insolvency and Governance Act. How will this help struggling businesses?
As businesses get back into the swing of trading, what are the challenges facing them? A survey from MarketFinance reveals how businesses are faced with tackling long overdue invoices and the future impact on cashflow.
To close this Bulletin, with Bounce Back Loans proving to be a lifeline for cash-strapped businesses, it appears that some Directors are misusing the funds, leaving them open to close scrutiny in the event of business failure.
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