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

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

© 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

Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
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.