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Corporate Finance

New grant scheme opens for Hambleton businesses

Posted: 4th Jun 2020 by Clair Watmore Blog

Hambleton District Council launched a new government led grant scheme on 2 June for Hambleton businesses.  The ‘local government discretionary grant scheme’ has been set up to help businesses who have previously been outside of the scope of the two other coronavirus business grant fund schemes.  The application window will be open for two weeks… Read more

Businesses need longer-term support to survive release of lockdown

Posted: 13th May 2020 by Clair Watmore Blog

Mark Grewer of Hunter Gee Holroyd based in York, is calling on the Chancellor to consider a further overhaul of the CBILS scheme, or to supplement this with other grants to support the working capital needs of the country’s SMEs as he announces that the furlough scheme is to be gradually withdrawn. He explains: “As… Read more

New Bounce Back Loan Scheme Launched

Posted: 28th Apr 2020 by Clair Watmore Blog

Rishi Sunak announced yesterday details for the new Bounce Back Loan Scheme. Small businesses will benefit from the new fast-track finance scheme, providing loans with a 100% government-backed guarantee for lenders. If you are a small business who struggled to get a CBILS loan then this could be for you. The loans will be easy… Read more

Support for businesses through the Coronavirus Business Interruption Loan Scheme

Posted: 6th Apr 2020 by Clair Watmore Blog

The temporary Coronavirus Business Interruption Loan Scheme supports SMEs with access to loans, overdrafts, invoice finance and asset finance of up to £5 million and for up to 6 years. The government will also make a Business Interruption Payment to cover the first 12 months of interest payments and any lender-levied fees, so smaller businesses will benefit… Read more

Time to take a step back & look up?

Posted: 19th Dec 2019 by Clair Watmore Blog

It’s a fact of life (and death) that eventually all of us will have to exit our business one day.  Either in an organised way…or not. So, whilst day to day we may be continually running on that hamster wheel with our heads down, at some point, we need to look up & really assess… Read more

Making a Difference – Winter 2019

Posted: 11th Dec 2019 by Clair Watmore HGH's News

Welcome to our Winter edition of Making a Difference with a round-up of the latest news. We all know that talking about the weather is a pre-requisite if you live in the United Kingdom. Rain has been in abundance this year, but how are businesses weathering the Brexit storm? Check out our 5-step crisis planning… Read more

Crisis Planning: How to reduce the domino effect

Posted: 25th Sep 2019 by Clair Watmore Blog

When multinational companies fail, inevitably the headlines are numerous as the devastating consequences for its employees are recognised. However, there is another group of stakeholders who will also suffer, their trade creditors.  Whilst it is probably assumed that the largest companies don’t trade with smaller owner-managed business directly, the supply chain further down the line… Read more

Getting business finance

Posted: 16th Jul 2019 by Clair Watmore Blog

Starting a business can be expensive, but what if you don’t have the cash? What sorts of business finance are available? And how do you get access to them? Your business funding options Not all businesses can get every type of finance. For starters, you can’t sell a stake in your business if you’re a… Read more

Mergers and acquisition opportunities

Posted: 26th Jun 2019 by Clair Watmore Blog

The latest news for Yorkshire based businesses. Welcome to our latest edition of Get Connected, produced in association with the Corporate Finance Network. Each edition features a review of Merger & Acquisition activity in a particular sector, the focus this month is on the Haulage sector. Haulage Sector Updates Between January 2013 and February 2019, there… Read more

CFN calling upon Government to abandon Government Referral Scheme

Posted: 17th Jun 2019 by Clair Watmore Blog

The Corporate Finance Network is calling upon the Government to abandon their Government Referral Scheme after 95% of SME applications for loans were rejected, calling it “a harmful policy that generates so much cost and bureaucracy“. The Government Referral Scheme was launched after an announcement by the Chancellor in the 2016 Spring Budget.  It legally… Read more