KEEP HEALTHY, WEALTHY, AND WISE...
Covid economic knock on effects will undoubtedly reshape the financial landscape as lender requirements shift. Lenders ideally wish to increase their loan books to bolster balance sheets, in turn supporting the economy.
Post Covid will likely see an air of caution, de-risk, and consolidation, whilst remaining optimistically growth focused for the right applicants who can demonstrate a robust business and solid ability to repay, forecast provided over the term required.
POSFIN can access 300+ lenders including both CBILS and Non-CBILS lenders.
We will try to place you with a CBILS British Business Bank accredited lender where appropriate, otherwise will aim to get you funded quickly through a Non-CBILS lender competitively.
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The next 2-3 years at least are likely to see many challenges for business, Government, and families.
Many businesses will try, but sadly some if not many simply will not make it, which in turn will affect a lot of people with limited jobs available.
There will likely be fire-sales and collapses over an extended period, before a recovery full of green shoots and rebirths which we can all look forward to.
On behalf of Team POSFIN,
Keep healthy, wealthy, and wise…
Take your opportunities with both hands when they present
… and GOOD LUCK!