Having seen rapidly growing, early-stage SMEs fall foul of the “undertaking in difficulty” test when applying for the Coronavirus Business Interruption Loan Scheme (“CBILS”), the rule change today, 30 July 2020, is welcomed. Previously, issues arose with CBILS applications from […]

If your business has been closed due to the COVID-19 crisis you may have been able to claim for some loss of income on your business insurance policy, although this does vary case by case depending on your insurer, policy […]

Whilst we await further details for the new Coronavirus Business Interruption Loan Scheme many are asking for clarity on applications. These will need to be directed through your current bankers, assuming they are participating in the Scheme. Whilst the government, […]

Many lenders and investors will ask for integrated management accounts and forecasts.  So, what is this and why is it useful? Integrated financial data is essentially a linked Profit and Loss Account, Balance Sheet and Cash Flow Statement.  This can […]