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Government announce Winter Economy Plan
With the government loan schemes coming to an end at the end of September and the Coronavirus Job Retention scheme ending at the end of October, Chancellor Rishi Sunak has announced his 'Winter Economy Plan' for businesses and jobs. New measures have been announced...
Which sectors are most likely to be seeking finance?
With many businesses across different industries and sectors being adversely affected by Coronavirus, companies are still looking for support from the Coronavirus Business Interruption Loan Scheme (CBILS). With the British Business Bank declaring the deadline for the...
5 reasons why you should offer finance as a supplier
Being able to offer finance is essential for your business, as well as the businesses you are selling to, as there are various reasons why your customers will want and need to use an alternative to large payments, especially in the current situation. Take a look at...
How to manage your cash flow effectively
Managing cash flow is essential for any business, small or large, and more so now than ever, as it allows a company to keep trading and making money, without managing cash flow, companies could find themselves in debt rather quickly. By definition, cash flow is the...
How to prepare for v-shaped recovery
According to recent reports, such as those from Bank of England economist Andy Haldane, the UK could recover quicker than expected, with a v-shaped economic recovery. In a v-shaped economic recovery, the economy suffers a sharp, but short-lived period of economic...
How to maximise your return on a Government Bounce Back or CBILS Loan
If you have received a Government Bounce Back loan or Coronavirus Business Interruption Loan Scheme (CBILS) loan, schemes that were introduced to help smaller businesses impacted by Coronavirus (COVID-19), then there are important steps to follow in order to ensure...
5 tips to secure a CBILS Loan
The Coronavirus Business Interruption Loan Scheme (CBILS) was designed by the government to help support businesses who have suffered adversely as a result of the Coronavirus pandemic. Businesses can use the facility as a loan to support the business, for asset...
Government Fund Future Launched For Innovative Companies
The Government, alongside the British Business Bank, have launched the Future Fund for innovative companies with good potential, that typically rely on equity investment and are currently affected to receive loans equalling investments from private investors. This may...
What is the process for a CBILS Loan application?
In support of helping businesses that have been adversely effected during the pandemic, the Coronavirus Business Interruption Loan Scheme is available through Johnson Reed to for small businesses. Our team have been working with businesses to ensure the process is...
Don’t get pushed away business interruption insurance policies
The Coronavirus pandemic has caused economic uncertainty and strain on many businesses across various sectors, especially those who require customers to physically visit sites and healthy environments. The pandemic has prevented this from being possible and led to...
