Can’t access the CBILS – What are my options?
COVID-19 has posed new challenges for businesses across the United Kingdom. Many companies are desperate for any outside funding at the moment as their income has taken a hit due to the pandemic.
COVID-19 has posed new challenges for businesses across the United Kingdom. Many companies are desperate for any outside funding at the moment as their income has taken a hit due to the pandemic.
Managing your cashflow well is essential for running a successful business. If you have recently been granted a CBILS loan, you could be using it to access asset or invoice finance-based funding for your business.
Find the right funding for your business
(£10,000 to £5,000,000)
We can support you in all stages of the funding process and position your company in the best possible light for securing finance.
Funding success requires more than just completing an application. You’ll need to provide information that is easily understood and attractive to lenders.
2018 was a year that saw the High St ravaged, with numerous retailers closing for good and large-scale closures. As someone who grew up in the heyday of Toys R Us, scoffed at the likes of Poundworld and the trickery I’d learnt they traded within and been concerned about New Look since the early 2010’s I wasn’t surprised but saddened nonetheless as thousands of hard-working employees lost their jobs through no fault of their own.
The UK is renown for its startup and fintech scenes. It’s also home to some of the worlds largest financial institutions ensuring obtaining is funding a simple process, right? Not so, survey after survey highlights the lack of funding available to SMEs and how it’s the number 1 challenge followed by access to good talent.
The title gave it away but I disagree with Shakespeare on this statement at face value, and with the march of Peer-to-Peer lending by the likes of Growth Street, RateSetter and Funding Circle I am not the only one.