The law never stands still, and the way it applies to you and your organisation is constantly evolving. Our people are on top of these developments and can keep you up to date with some of the most interesting aspects of these changes. Check out our articles and updates for our perspective on issues that might affect you.
Today sees the welcome news for UK businesses that The Coronavirus Business Interruption Loan Scheme (CBILS) is open to applicants. If you are an SME and concerned about your cashflows you may wish to check whether or not you can take advantage of CBILS.
With restrictive measures on movement in place during the current outbreak, what happens to the traditional methods of conducting business with your funders and other key stakeholders. There are some alternative solution to having the signed, sealed and delivered contracts vital to the completion of transactions.
As the Coronavirus outbreak evolves so too does its impact on businesses however large or small. The UKs high street banks have been united in their response to such businesses and help is being offered in numerous ways - here are just some of the options for businesses.
The peer-to-peer lending sector has grown exponentially in recent years, with recent figures published by Nesta showing that, in the UK alone, peer-to-peer business lending reached £1,490 million in 2015 (up from circa. £749 million in 2014 – a 99% increase) and peer-to-peer consumer lending hit circa. £909 million in 2015 (up from £547 million in 2014 – a 66% increase).