Corona Virus – how can we help (from a business perspective)?

First and foremost – we are here to help. It’s an exceptional time, with considerable uncertainty, yet one thing is certain and that is we all want our businesses to come out of the other side of this issue with the minimum disruption. It’s an incredibly tall order, but let’s start with the end in mind. One element that is so difficult to comprehend is the rate of change, weekly, daily, and now hourly. Anything we hear that we believe could impact you, we’ll let you know. If you hear something you want to discuss, please call.

If you wish to discuss any aspect of your business, please do not hesitate to contact us

Government financial support

Firstly, the Government have set aside funds to support businesses who need financial help at this time. Due to the speed at which things are moving, details are not complete at this stage but in principle the funds are available through the British Business Bank £1bn Coronavirus Business Interruption Loan Scheme. It’s similar to the Governments Enterprise Finance Guarantee (EFG) scheme and is delivered through EFG partners. I would imagine a great number of us would be interested in this scheme, and as we find out more details we can let you know. The British Business Bank have indicated that it will be a number of weeks before details are available. That’s not hugely helpful, but at least the intention is there.

There will be an update from the Government later today giving further information as regards financial measures. We will update you all once we have the details

If you wish to register your interest please reply to this email.

Our Team

If there is something you wish to talk through or discuss, then do not hesitate to get in touch. I feel it is important that we do this together. It is not going to be easy for any of us, I can’t see any exceptions, but what we are committed to do is offer support where ever we can. We all want to get through this, and to do that we must remain calm and work through the challenges that come our way.

Furthermore, I am not proposing that there be any fee for this work. Our role is to help you consider the options that you face and the review the potential outcomes so that you are fully informed. Once again, I must emphasise that we focus the outcome we are trying to achieve, and build a plan to help us get there.

If you wish to discuss any aspect of your business, please do not hesitate to contact us

Other Finance

In addition to the Government scheme for funding we have several contacts who are able to provide funding to small businesses. If this is something you would like to explore, albeit for the short term, please get in touch and we’ll do our best to introduce you to a lender who can help, and assist you in getting the necessary information together.

Summary

This is an incredibly fast moving situation, about which no one has any certainty about the outcome. But you can be assured that it is hugely important to us that you can navigate your way through this hideous time. And in so doing, we wish to make our resources available to you. We can’t do it alone, and I doubt that anyone can. But if we approach this together we stand a better chance – after all that is the definition of a Peloton.

Happy to be contacted by any means;

  • Landline – 01326 660022
  • Mobile – 07779799995 – Mike Hutch
  • What’s App
  • Text
  • Zoom