The last Government backed funding initiative which was brought in to aid the recovery of businesses during COVID-19 will be coming to an end on 30th June 2022. The Recovery Loan Scheme (RLS) was created to support businesses of any size, who have been affected by the pandemic and need some financial help either through…
read moreThe RLS (Recovery Loan Scheme) backed Government initiative has been running since April 2021 and continues to offer financial support to all types of businesses across the UK. It was set-up to assist companies who have been adversely affected due to COVID-19. The finance available can be utilised for any genuine business purpose and lending…
read moreSince the Covid-19 pandemic hit the Government have been incredibly proactive in supporting the business community through a range of funding initiatives. We saw the introduction of the Business Bounce Back Loan Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS) and Coronavirus Large Business Interruption Loan Scheme (CLBILS). Most recently these have all been replaced…
read moreManaging cash flow can be one of the most important areas for a business. Cash flow is basically the calculation between money coming in and money going out of a business. This is based on existing money already within the business along with both income and expenditure, it does not include any assets or investments.…
read moreThe NGI team are delighted to confirm that we are able to assist with any applications in relation to the Recovery Loan Scheme (RLS). The RLS is the latest Government initiative which was launched on 6th April 2021 to help businesses affected by COVID-19. It has been made available to support businesses who need a…
read moreShort term finance offers any type of business a cashflow boost where terms are typically between 2 to 5 years. They can be sourced for a multiple of uses which include helping businesses with day-to-day operations, employing more staff, purchasing new equipment or funding for issues that have arisen due to unforeseen circumstances. Some of…
read moreThere is great optimism across the business landscape and hope that the next 12-months will continue to see growth across all sectors. Recently businesses operating in the retail, hospitality and leisure sectors have seen the re-opening of facilities and are welcoming customers back. This will have a positive ripple effect on the economy and many…
read moreScale-up is a very topical phrase especially across the business environment. Often a business in its scale-up phase is one that has grown by 20% over a 2-year period and will continue to grow at a consistent rate. Having been on a growth curve and reached a certain size, the scale-up business will now be…
read moreA Government backed business loan is a funding solution that has been designed to help all types of businesses. This video explains a little more and also gives details on the Recovery Loan Scheme.
read moreIn the past few weeks, the UK has taken more positive steps to overcome the challenges that the COVID pandemic bought. In business terms, many companies have welcomed staff back and offices are beginning to open. Business owners are now thinking about what needs to happen to make sure the next 12 to 18 months…
read more
