How to prepare your business and approach your lenders for a loan during COVID-19

COVID-19 has had a similar impact on the UK economy as a recession would. No one can reasonably predict how long this impact will be felt; so how can businesses produce projections that lenders can rely on?

These podcasts are supported by our accompanying article on applying for a loan during the COVID-19 outbreak.

🎤 Podcast | Part One

11 mins

Listen to our discussion on how to prepare your business and approach your lender to access the much-needed financial support that is available during this difficult time and what you need to consider before you do.

 
Lee Sharman – Senior Manager in the Business team
Matt Hector – Business Development Manager
Sebastian Humberston – Strategic Corporate Finance Manager
Molly Rushworth – Strategic Corporate Finance Executive

 

🎤 Podcast | Part Two

19 mins

Listen to the continued discussion as we carry on and explore how to overcome the challenges of preparing projections given the uncertainty surrounding COVID-19 and it’s impact on the economy.

 
Lee Sharman – Senior Manager in the Business team
Matt Hector – Business Development Manager
Sebastian Humberston – Strategic Corporate Finance Manager
Molly Rushworth – Strategic Corporate Finance Executive

 

We always recommend that you seek advice from a suitably qualified adviser before taking any action. The information in this article only serves as a guide and no responsibility for loss occasioned by any person acting or refraining from action as a result of this material can be accepted by the authors or the firm.

 

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