Businesses must consider their liquidity options to weather the storm.
The rapid global spread of the Coronavirus disease (COVID-19) has led public health officials, government entities, and business leaders alike into unchartered territories. While we cannot say for certain what lies ahead as we navigate this course, we do know that we are living and working in uncertain times.
Concern is growing amongst businesses over the impact of the disease on their operations and there are already a number of reports in the press of businesses struggling, with some quoted companies filing profit warnings.
Speaking at a press conference on Monday 16 March, Prime Minister Boris Johnson said that firms will need help with cash flow as the UK enters a “fast growth” phase of the coronavirus disease, adding that the virus “will be a severe blow to the [UK] economy”. Businesses must therefore think of their liquidity options and ensure that what they have in place is sufficient to weather the storm and limit any damage.
Our specialists at Beavis Morgan group company BM Structured Finance, provide impartial advice on all aspects of business finance, advising and assisting clients in sourcing the right financial products for their specific business needs, as follows:
- Sourcing and restructuring working capital finance, enhancing liquidity and maximising growth.
- Raising finance secured on debtors, stock, plant and machinery and property. Even raising unsecured finance.
- Helping lenders refinance clients that no longer meet their criteria.
- Sourcing development and investment finance for property businesses.
BM Structured Finance’s expertise lies in our deep understanding of the finance market and the products each financier offers. We can then match the most suitable products and work with you to ensure compatibility and satisfaction, adding value to your business or client relationship.