COVID-19 How we can support businesses to obtain funding
We have been involved in extensive discussions with both the British Business Bank and the accredited lenders who are being asked to provide the Government’s crisis loan funding and from this we have a clear understanding of each lenders expectations and requirements plus supporting information which will help all businesses to obtain business interruption funding.
There are challenges which have been significant for businesses to obtain the CBILS loans and there will continue to be challenges with and the new CLBILS & BBLS loans but our specialised team of funding experts can help you overcome this. For this reason we recommend that companies who may have a need for such funding, including the CLBILS, CBILS & BBLS, start to prepare the background information which the bank will require.
We have put together detailed funding advice covering:
- Approach to Funding Request
- Coronavirus Business Interruption Loan Scheme (CBILS)
- Coronavirus Large Business Interruption Loan Scheme (CLBILS)
- Bounce Back Loan Scheme (BBLS)
- Template Business Case for Presentation to Funder
Having Trouble Securing Funding?
MHA Financial Solutions (MHAFS) is a whole of market commercial finance specialist here to help businesses find the right finance for their situation. Whether you are looking for a commercial property mortgage, asset finance or an unsecured business loan, we can find a funding solution for every credit type.
We are unique in the market place, in that we can access funding from over 150 banks and lenders across the whole commercial finance spectrum. Unlike our competitors, we are not tied to a specific funder, so you will always be offered a range of bespoke funding solutions. This gives you the option to choose the best deal for your circumstances.
In addition to crafting a bespoke deal for all of our clients, we abide by the NACFB code of conduct & have FCA Approvals.
Download a copy of the funding guide below or contact our team to find out more.
Our team would be happy to talk to you on each of these points and discuss how we can provide you with the support to give you the best chance of success in obtaining the funding.
Head of MHA Financial Solutions, Partner
T: +44 (0)7736 297 072