By Peter Douglas
Business Finance Services
AS we are all aware, we live in uncertain times. The effects of Brexit on UK SMEs were bad enough, but now we have the Coronavirus and the extraordinary effect that is having on the world economy, let alone the UK!
No matter which way you look at it, many small businesses are going to suffer in the next few months. Whether you are a start-up business an established SME with a few years’ experience or a property developer, survival may be the main objective. As usual, cash flow will be king, but finding the most suitable finance can be overwhelming with so many different options in the marketplace today. Which one most suits you and your business? How much finance do you need? How long do you need funds for? What is your current finance position and your priorities?
At Business Finance Services Ltd we understand this, which is why we have been planning to hold our second in a series of events called Meet the Finance Professionals. These events are designed to provide an introduction for SMEs, and aspiring property developers, to the wide range of sources of finance that are available these days. A chance to get free advice and help from a number of leading finance industry professionals in an informal setting.
Unfortunately, due to the worsening situation with the Coronavirus, we have taken the decision to postpone our next event, which was due to take place on Friday 15 May at Green’s Restaurant, Collingtree Golf Club, Northampton.
Whilst this may seem like an announcement of a non-event, the point is that we will be re-arranging it as soon as the situation is clear and the effects of the virus have been brought under control. So please watch this space and check our website www.bufinserv.co.uk over the next couple of months for news on the revised date. This will be an event well worth attending for those keen to learn about how to raise finance for their business.
Meanwhile, if you find that the present situation is causing your business to struggle think carefully before you commit to any news loans and, if you have any doubts as to whether you are making the best choice, give us a call on 0800 093 5240 or e-mail us on before you commit to anything.