On Sunday, all of us expect to hear the government’s strategy to ease lockdown restrictions. So far this week we have been offered a slow drip of hints and comments as to what life will be like at the workplace when we are able to return.
This week has also seen the launch of the Bounce Back Loans, where the government will provide lenders with a 100% guarantee for emergency loans of between £2,000 and £50,000. This offering is certainly positive news for many smaller SMEs and those who had yet to make their application under CBILS.
We are already seeing signs of increased activity within our community of private investors and businesses knowing that equity will be required soon enough. We are on hand to talk with any business owner who may be considering that, at some point in the weeks and months ahead, equity will be needed to boost the capital base of the business.
Our network of investors are looking for opportunities just as entrepreneurs are. They have huge experience and can bring added value to a business as well as capital. Best of all is their ability to act quickly, given that the capital is their own and readily available.
Please don’t hesitate to contact myself or a colleague if there is anything we can assist with.