COVID-19 – Loan Support for Businesses and How to Help Your Cash Position

With the ongoing Government announcements regarding support measures for businesses during the COVID-19 pandemic, Berrys Business Consultancy Team is happy to provide help and assistance to those wondering what may be available to them.
Not all of the new schemes will provide a solution for every business and our consultants are happy to talk through and make approaches for other possible solutions.
The Coronavirus Business Interruption Loan Scheme (CBILS) is now widely available through a panel of 40 participating lenders which includes all of the high street banks.
CBILS is a new scheme, announced by The Chancellor at Budget 2020, that can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow.
We can also help those struggling to contact their bank manager and can help prepare and put proposals to the banks.

To discuss, please contact Will Tongue (Eastern Counties) on 07866 693899 email william.tongue@berrys.uk.com or Mark Lord (Western Counties) on 07384 250136 email mark.lord@berrys.uk.com.