We'll be providing you, your charity and your business with regular updates to help you manage during these uncertain times. … Read more
Information from our HR Consultancy team to support and guide employers during this period of uncertainty. … Read more
In these constantly evolving times, our Corporate Finance team are hosting a weekly webinar at Midday on a Monday to give you a roundup of the government announcements from the previous week … Read more
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A summary of the most recent government measures to support businesses are listed below:
Click here for more information on COVID-19 Business Support Schemes.
Businesses like yours should make use of these options to ensure that you can continue to serve your customers, pay your staff and keep your business in the best shape possible, ready to come out of the other side.
Beyond government funding there are further options available, including working capital facilities, such as invoice finance, borrowing against IP or even loans that effectively accelerate the payment of R&D tax credits (even if the claim has not yet been filed).
Growth equity investors are also still currently deploying capital and offer another option for businesses that were on a strong growth trajectory. This can be particularly attractive as while it may involve dilution there is no requirement to repay.
This article was last updated on 19 March 2020.
If you have any questions or would like more information on any of the points we have raised above, whether you are debt free, not being supported by your current lender, or interested in equity investment, we are happy to discuss the current options available in the market and recommend the option best suited to your business.
