In the ‘new normal’, world of debt finance webinars that I’ve found myself logging into recently , I frequently hear businesses ask ‘where can I turn if the Bank says no’.
The British Business Bank has announced that the deadline for applications for these loan schemes has been extended from 30th November to 31st January 2021.
Last week’s East Midlands Business Link Bricks Awards 2020 may have looked very different from previous years, but the digital awards ceremony was still a vitally important opportunity to celebrate the success of the region’s property and construction industry.
Be mindful not to clear loans in haste, only to find funding difficult to secure on similar terms, or worse unavailable, in the future.
The closing date for CBILS is currently 30th September 2020, but it would be foolish to leave submitting an application until then.
Twenty years ago, Sterling Capital Reserve Ltd commenced as a Corporate Finance advisory business assisting business with MBO / MBI and acquisitions. Within Sterling, a Commercial Finance brokerage evolved, in order to provide our clients access to a wide panel of funders.
The Chancellor’s announcement that he is increasing the stamp duty threshold to £500,000 until 31 March 2021 is welcome news for the homebuyers and for the economy, but it is also brings opportunity for our property investor clients.
We are pleased to announce we now have access to a CBILS backed Bridging Finance for Developer Exits on residential development schemes
June 30th was a ‘big news’ day for property developers after the Prime Minister announced the ‘most radical reforms to our planning system since the Second World War’. The reforms would see existing commercial properties, including newly vacant shops, converted into residential housing more easily.
The VAT payment deferral period ends on 30 June 2020. Any VAT payments you have deferred between 20th March and 30th June should be paid in full on or before 31st March 2021. You can make additional payments with subsequent returns.