Late payments – a challenge for strong and weak businesses alike
Late payments, especially by large businesses delaying settlements to smaller ones, have been a bone of commercial contention for decades. Beyond the devastation it causes to the cash
business debt
The best way forward when struggling to repay a Bounce Back Loan
When the government launched its business support loan schemes early in the pandemic, there was widespread praise for the initiative. The speed of roll out, simplicity of the
The hard realities of ‘soft credit’
Those who run and manage businesses are familiar with the two traditional sources of funding. They understand balance sheet finance, whether it is debt from lenders or equity
As CBILS defaults rise, what now for struggling borrowers?
The Coronavirus Business Interruption Loan Scheme (CBILS Scheme) One of the three main pandemic loan mechanisms, the CBIL Scheme, ran from March 2020 to March 2021. Lenders advanced
After the annus horribles of 2022, what will the business outlook be in 2023?
The futility of predicting 2022 Even Nostradamus would have struggled to get his economic forecasts right for 2022, although there were straws in the winter wind with consumer
Business energy price cap and Bank of England base rate increase – what businesses need to consider
Business energy price cap With the appointment of Liz Truss as Prime Minister, business owners have waited with baited breath to find out what, if any, support would