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

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

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