by toby | Jul 9, 2024 | Finance Industry, Start Point Finance News
Tim & Toby are proud to be founding members of The Guild of Business Finance Professionals. The following is taken from a press release which recently appeared on Asset Finance Connect industry website: The Guild of Business Finance Professionals was officially...
by toby | Aug 10, 2022 | Finance Industry, Governement Loans
Today the British Business Bank has named the first five lenders to be accredited under the Recovery Loan Scheme (RLS). The lenders announced are Bank of Scotland, Coventry & Warwickshire Reinvestment Trust, Lloyds Bank, NatWest and Royal Bank of Scotland. What do...
by Start Point Finance | Mar 10, 2021 | Finance Industry, Finance Tips, Governement Loans
With BBLS and CBILS ending this month the British Business Bank announced a new scheme backed up with a Government Guarantee to offer all businesses support to trade out of the effects of lock down. The good news is that there are no turnover restrictions and up to...
by Start Point Finance | Mar 3, 2021 | Finance Industry
Today’s budget featured important updates on a variety of subjects but three takeaways which stood out to us from a business finance perspective are: Recovery Loan Scheme With Bounce Back and CBILS coming to an end there will be a replacement scheme. Full details are...
by Start Point Finance | Sep 22, 2020 | Finance Industry, Finance Tips
Despite hopes for an extension the British Business Bank has confirmed that the deadline for Coronavirus Business Interruption Loan Scheme (CBILS) applications will remain the 30th September. If you are still waiting for approval from a bank application this is the...
by Start Point Finance | Aug 25, 2020 | Finance Industry, Finance Tips
As businesses are returning to some sort of normality, many are finding that their cash resources have been depleted by several fallow months. Whilst their business is fundamentally viable they could incur reopening costs (expected to average £22k), or be heading into...
