ThinCats surveyed over 100 professional corporate finance advisers, brokers and accountants to ascertain their views on the Coronavirus Business Interruption Loan Scheme (CBILS).
As large parts of the UK economy emerge from a pandemic-induced hibernation to take stock of the new post-lockdown reality, businesses’ needs for additional funding will be many and varied.
We are delighted to announce that we are opening up Coronavirus Business Interruption Loan Scheme (CBILS) loans to new customers.
ThinCats, the leading alternative lender to mid-sized UK SMEs has been approved by the British Business Bank as a new accredited lender to provide term loans through the Coronavirus Large Business Interruption Loan Scheme (CLBILS).
ThinCats employees were asked to take part in a survey to record their views on the current working situation, and how they could see their working life taking shape in the future.
The full economic impact of the coronavirus crisis and how quickly we return to pre-covid levels of economic activity is difficult to predict. The Government seems keen to learn from the lessons of the 2008 financial crisis when measures to protect banks’ deposit holders led to a lack of vital liquidity for businesses.
We have been approved by the British Business Bank as a new accredited lender to provide loans through the Coronavirus Business Interruption Loan Scheme (CBILS). We are currently accepting applications from existing borrowers only.
Minimising and/or deferring business costs is critical during periods of reduced business activity. In this short blog we take a look at 8 tips that might help a business mitigate costs and improve cash flow.