Blog

Coronavirus and UK businesses: The initial impact

24/04/2020

Coronavirus has shaken the foundations of businesses around the world.

In the UK, many businesses are just coming to terms with the initial impact of the pandemic and the measures taken to prevent its spread. 

We’ve compiled this infographic to give an overview of what those businesses are facing, using early statistics that focus on the financial and personnel challenges businesses are facing and changes they have made. 

 

If you are struggling with the effects of coronavirus and are in need of commercial funding, you can reach our funding consultants by calling 0800 9774833 or using this request a call back form.

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Some of the funders we work with

  • Regency Factors
  • Metro Bank SME Finance
  • Ultimate Finance Group
  • Cynergy Business Finance
  • Santander Corporate & Commercial
  • Roma Finance
  • IGF Invoice Finance
  • Haydock Finance Ltd
  • Nationwide Finance
  • Berkeley Trade Finance Ltd
  • Close Brothers Invoice Finance
  • Blazehill Capital
  • Skipton Business Finance
  • Davenham Asset Finance
  • Lloyds Bank Commercial Finance
  • Davenham Trade Finance
  • Woodsford Tradebridge
  • Allica Bank
  • eCapital Commercial Finance
  • Giant
  • PNC Business Credit
  • Team Factors
  • Tradeplus24
  • Aldermore Invoice Finance
  • Royal Bank of Scotland
  • MaxCap
  • Sonovate
  • InvoCap
  • Leumi ABL
  • Investec
  • Time Finance
  • Peak Cashflow
  • Partnership Invoice Finance
  • Kriya
  • Praetura Invoice Finance
  • Accelerated Payments
  • 4Syte
  • Barclays
  • Bibby Financial Services
  • Castlebridge
  • Optimum Finance
  • Clear Factor
  • ABN AMRO Commercial Finance
  • Merchant Money
  • Pulse Cashflow Finance

© Hilton-Baird Financial Solutions Limited
Registered in England and Wales. Company Registration Number: 03832884. Registered Office: 110 Cannon Street, London, EC4N 6EU
ICO Number: Z7220067

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We are a credit broker and not a lender and offer credit facilities from a panel of lenders

We work with a panel of commercial finance providers and are typically remunerated by way of commission. The structure and amount of commission we receive varies between products and based on the facility. Further details are available on request.