I hope everyone is well. More announcements have come today to support the self employed which is positive for so many! I’m yet to digest it all but once I have, I will follow up with an email with ways I can help and support you.
I want to focus this particular post on the application process for the CBILS.
The application for CBILS will be the same as if you were applying for normal commercial finance, there are plenty of hoops to get through, nothing is a given. After multiple requests over the past few days, with many asking for support through the whole application process, I have chosen to work in collaboration with a member of our Wyre Talent Network, Steve Harris of Central Business Finance to process the applications on your behalf. Steve and his team are experts in this sector and I strongly believe that using a high quality broker will always help leverage the deal.
If you would like to proceed with the application please read the attached document which outlines the information required to provide you with an initial assessment.
Like with any finance it carries an element of risk! Only go for it if you believe the money can be used effectively to enable your business to grow and prosper in these difficult times. Take some time to think about – how your business has been effected by COVID-19? how much do you need in cashflow to survive this business crisis? what ideas have you got for the future that the money could contribute too? Can you improve the processes within your business but need cashflow to do it?
I can prepare a cashflow forecast and put together your business case in readiness for Steve and his team. I will need a short discussion with you to discuss your thoughts, please reply to this email if you would like to move forward along with your with the best number to contact you on. If you have any contacts would like support please do please let me know.
As ever, be sensible and stay safe!
All the very best