SME Alternative Funding Options Selective invoice finance With CBILS and BBLS ending last month, it feels like the government has shifted focus away from emergency support and on to recovery. While the replacement government-backed “Recovery Loan Scheme” (RLS) was launched on 6th April, it is more akin to a normal business bank loan, with associated lending criteria and credit checks which will preclude a high number of businesses. So where does that leave the many
The new Business Recovery Loan Scheme (RLS) was launched on the 6th of April, and designed to help businesses’ recovery from the last year of lockdown. Businesses can access loans ranging from £25,000 – £10,000,000 The scheme is in effect an amalgam of Business Bounce Back Loans and CBILS, with the Government providing an 80% guarantee to lenders for all loan repayments as opposed to the 100% it previously offered them on CBILS, and no
NO BRIDGE TOO FAR! FOR WHATEVER YOU WANT TO DEVELOP LIGHT OR HEAVY RESIDENTIAL REFURBISHMENTS COMMERCIAL TO RESIDENTIAL RETAIL TO RESIDENTIAL OFFICES INTO FLATS PUBS INTO HOMES HOUSES TO HMOS BRIDGING FINANCE ENABLING YOU TO CONVERT YOUR IDEAS AND AMBITION INTO REALITY Contact Us Call us on 01202 779 147 or 07788 975 356 for more information and advice on our bridging finance options.
This is a time of year when many people consider buying a pet as a present but for the millions of people in the private rented sector), this is not an option. Many landlords oppose the idea of allowing tenants to have pets as they fear their property will be damaged, may develop an unpleasant odour, and will decline in value. But this view is now being challenged and the issue of allowing tenants to
The problems that businesses are having to endure because of the pandemic are diverse and many, but a CBILS loan can definitely provide both a short or long term solution to those below Are you suffering loss of revenue and cash flow issues brought on by Covid-19 crisis? Are you coping at present, but would feel more relaxed with a safety net of CBILS funds in your bank account as a reserve? Was your original