High street banks may not have the risk appetite to support SMEs through the years following the pandemic. Fintech is the solution many will turn to.
Brexit and COVID may have impacted your supply chain, but with the right funding in place you can overcome roadblocks with ease.
Dating during a pandemic is challenging to say the least.
January is always the busiest time of year for accountants. At the beginning of the new year, there is a rush of new enquiries which gradually increase over the course of the month as the Self Assessment tax return deadline on 31 January creeps closer.
The unprecedented impact of the coronavirus pandemic has caused major disruptions in everyone’s lives.
Whilst government support has been helpful and likely kept many thousands of businesses afloat during the coronavirus crisis, it has burdened those businesses with debt that, even if it can be financed cheaply, will still have to be repaid.
UK businesses are hanging by the skin of their teeth. Just last week the Federation of Small Businesses (FSB) reported that at least 250,000 small businesses will collapse in 2021 unless more support is offered to them under the current restrictions.
2020 was a tough year for all of us. Businesses and consumers alike were hit by Covid-19 in the spring, struggled to survive through a battered economy throughout the summer, before a resurgent pandemic appeared again in the autumn.
In March the CoronaVirus Business Interruption Loan Scheme (CBILS) comes to an end.
When the UK launched Open Banking at the start of 2018, many business owners felt uncomfortable with the idea of sharing sensitive data about company finances with third parties.