Supporting businesses through COVID-19
Since the outbreak of COVID-19 last year, Hilton-Baird Financial Solutions has taken steps to ensure we are able to continue supporting our clients and UK businesses with their cash flow requirements.
Over the past year we’ve all faced unprecedented challenges, which continue to change by the day and have impacted every business in one way or another. Cash flow remains at the centre of these challenges for many businesses, so we are doing everything we can in our role as a commercial finance broker to help those that require funding to access it.
How can we help?
For many businesses, this is a difficult and worrying time as they strive to protect the health and wellbeing of their own staff, clients and the general public while balancing business needs such as cash flow.
Many businesses have turned to support measures put in place by the government, including the CBILS and Bounce Back Loan schemes last year, and will likely continue to rely on the ongoing support such as the tax super deduction announced in the 2021 budget.
Additionally, many lenders and banks announced their own measures early on in the pandemic and have taken steps to provide additional support to businesses in need.
These include arrangement and facility review fees being waived on new or increased overdrafts, with similar support being offered through invoice finance facilities.
It has become more apparent as we have seen this pandemic progress that the situation can change at any time, so safeguarding your business against the future and more inevitable changes should remain a top priority.
Our team are ready and able to assist you with your options and help you to access the most suitable cash flow solutions for your business. You can find out how much funding you could access to support your business with our Invoice Finance quote or to talk to a member of our team please call us on 0800 9774833 or request a call back to discuss your requirements.