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

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

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.