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 variant of the support scheme for innovative firms and funding specifically for start ups.

Closing the Bulletin, we step back and look at reports on the early economic impact of the Coronavirus. What steps are businesses taking to safeguard their future?

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

This edition of the Business Finance Bulletin Xtra our guest is David Lewis of Camrose Consulting Ltd We talk with David about the importance of producing Management Information, what goes into a good MI pack and how to use it to support your business growth plans and lender finance applications.

If you want to know more about how you can use Management Accounts here is a useful article which David featured on his website ‘Management Accounts: Do Your Speak to You’.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

This week’s Business Finance Bulletin is another Coronavirus Business Interruption Loan Scheme (CBILS) special.
Opening this episode, we look at the announcement that Funding Circle has now joined the panel of accredited CBILS lenders. How will Funding Circle change the Scheme, and will it lead to a speeding up in distribution of funds?

We also review how CBILS has performed so far in supporting businesses in need of finance. A look at the figures reveal that the impact has been minimal and how a quickening of the pace is now needed.

To close the Bulletin, if you are thinking of applying for a loan under CBILS, what information will you need submit to the lender? Preparation is the key to ensure you don’t suffer from any unnecessary delays.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

To open this week’s Bulletin, we look at the knock-on effect of changes to the Coronavirus Business Interruption Loan Scheme and general lender reaction to the crisis which has jointly led to a fall in the availability of finance.

Evidence is now emerging of the impact the virus is having on businesses. We review a report from the British Chambers of Commerce which reveals reduced confidence and the limited level of cash reserves businesses have set aside to cover expenses.

To close, news of a grant scheme established by The Princes Trust and Nat West to specifically help young entrepreneurs meet costs and invest in new equipment.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

Opening our latest Bulletin, we look at the recent government announcement on changes to The Insolvency Act. The move is designed to protect Directors from personal liability claims in respect of Wrongful Trading. Why has this change been made?

aspect of the Coronavirus Business Interruption Loan Scheme that is catching businesses by surprise is the need to establish viability of the business going forward. We look at how you do this when applying for the loan.

During normal times planning ahead as to when to submit an application is important. However, in our current situation there is now only one perfect time to apply. The answer to that question is whether we are going to see another Credit Crunch?

The Coronavirus Business Interruption Loan Scheme has been formally launched. This special Business Finance Bulletin we look at how it works and why it’s still not going to be the solution many businesses are hoping for.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

This Business Finance Bulletin episode is devoted to one topic, being support offered to UK businesses struggling from the ongoing CV crisis.

Businesses are starting to see the change in circumstances negatively impact on sales and cashflow. To open, we look at support measures the government and the Bank of England have announced to ensure a steady supply of finance. The actions will free up significant amounts of cash for banks to on-lend.

Turning to the High Street banks, we review what the major banks are offering their customers by the way of support packages. Will all businesses be able to access funds though?

Closing the Bulletin, we share tips on how you can help yourself by managing and being in control of your cashflow. Swift action could keep you on the right side of solvency.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

UK businesses have been hit by a number of financial shocks this year which can have an impact on sales, profitability and cashflow. To open this Bulletin, we look at the level off support being offered by banks to ease the burden.

To improve its position in the market we review changes Nat West has made to their business account to make it more competitive in an ever increasingly crowded market.

To close this Bulletin, an announcement by small and micro business lender AskIf on its approval from the British Business Bank to offer loans under the Enterprise Finance Guarantee Scheme.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

Start ups have traditionally found it challenging to raise finance. To open this week’s Bulletin, a look at how Just Cashflow will be using Augmented Intelligence to pre-select and directly approach start-ups worthy of financial support.

The latest annual Small Business Finance Markets Report from the British Business Bank reveals how banks are getting left behind in terms of financing SMEs. Are the days of High Street being the first port of call numbered?

Wrapping up this edition, a look at recommendations from the Money Advice Trust, which runs Business Debtline, on how the continuing problem of late payment needs to be addressed.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

Opening this Bulletin, a review of the latest Small Business Index survey from the FSB which reveals that business finance is primarily being used to supplement cashflow as opposed to investment. Will this continue in 2020?

Firms looking to export for the first time can find it challenging identifying opportunities and associated risks. To solve this problem, the trade credit insurer Euler Hermes has launched a free-to-use tool for budding exporters.

To wrap up, news from the Asset Finance sector on how 2019 volumes outstripped traditional bank lending. What assets financed saw the most growth last year?

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.