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.

Comments

Some of the funders we work with

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

© Hilton-Baird Financial Solutions Limited
Registered in England and Wales. Company Registration Number: 03832884. Registered Office: 110 Cannon Street, London, EC4N 6EU
VAT Number: GB 182 5699 66. 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.