Blog

Coronavirus and UK businesses: The initial impact

24/04/2020

Coronavirus has shaken the foundations of businesses around the world.

In the UK, many businesses are just coming to terms with the initial impact of the pandemic and the measures taken to prevent its spread. 

We’ve compiled this infographic to give an overview of what those businesses are facing, using early statistics that focus on the financial and personnel challenges businesses are facing and changes they have made. 

 

If you are struggling with the effects of coronavirus and are in need of commercial funding, you can reach our funding consultants by calling 0800 9774833 or using this request a call back form.

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Some of the funders we work with

  • Skipton Business Finance
  • Bibby Financial Services
  • Leumi ABL
  • 4Syte
  • Barclays
  • Nationwide Finance
  • eCapital Commercial Finance
  • Accelerated Payments
  • Ultimate Finance Group
  • Davenham Asset Finance
  • Berkeley Trade Finance Ltd
  • Pulse Cashflow Finance
  • Metro Bank SME Finance
  • Peak Cashflow
  • Castlebridge
  • Close Brothers Invoice Finance
  • Giant
  • Investec
  • Optimum Finance
  • Haydock Finance Ltd
  • Praetura Invoice Finance
  • Merchant Money
  • Cynergy Business Finance
  • Team Factors
  • Kriya
  • Davenham Trade Finance
  • Blazehill Capital
  • Allica Bank
  • Regency Factors
  • Time Finance
  • Woodsford Tradebridge
  • IGF Invoice Finance
  • Aldermore Invoice Finance
  • Roma Finance
  • Sonovate
  • Partnership Invoice Finance
  • MaxCap
  • Santander Corporate & Commercial
  • Tradeplus24
  • InvoCap
  • Clear Factor
  • PNC Business Credit
  • Royal Bank of Scotland
  • ABN AMRO Commercial Finance
  • Lloyds Bank Commercial Finance

© Hilton-Baird Financial Solutions Limited
Registered in England and Wales. Company Registration Number: 03832884. Registered Office: 110 Cannon Street, London, EC4N 6EU
ICO Number: Z7220067

Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
We are a credit broker and not a lender and offer credit facilities from a panel of lenders

We work with a panel of commercial finance providers and are typically remunerated by way of commission. The structure and amount of commission we receive varies between products and based on the facility. Further details are available on request.