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

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

© 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.