The Coronavirus (COVID-19) crisis has affected most businesses as it disrupts cash flows, places pressure on working capital and creates uncertainty about access to sources of finance.
If you’re busy ‘firefighting’ it will be difficult to find time for planning and cash flow forecasting. It will be hard to get the objectivity needed to sanity check your plans.
If you’re approaching the banks about financial support via the Coronavirus Business Interruption Loan Scheme (CBILS), you’ll need a thoughtful and structured plan to be successful and access vital funding quickly.
PEM Corporate Finance has a range of resources and services to give you the best chance of laying sound plans to get you through the crisis and the recovery phase beyond. We’ve been helping businesses prepare for, and secure, new sources of funding for nearly two decades. We’re ‘plugged-in’ to the various networks of debt and alternative funders and we know what makes them tick!
We have three services tailored to meeting the urgent need of owner-managers to help steer their businesses through this period of turbulence and uncertainty.
“Our expectations were met 100%. The team are very straightforward, honest and insightful.”
Simon Barton, Finance Director on raising private equity finance for Bourn Hall Ltd
Have you a question about funding? Or about one of the government support schemes? Or perhaps you’d like a sounding board for your plans? We can schedule a free voice or video call to help you. And we can do this at short notice if you need a quick response.
Proactive working capital management underpins the success of every business. The Coronavirus crisis raises the bar, and now more than ever, robust and timely cash flow forecasting is crucial.
Your forecasts need to reflect your history alongside sensitivities to tackle the uncertain near future. As things change fast it has to be built to allow frequent updating and scenario modelling. Our financial modelling experts can help with cash flow forecasting, or if you already have one we can critique and challenge your assumptions.
If you are considering applying for a loan under the CBILS or Covid Corporate Finance Facility (CCFF), we can help by preparing or reviewing your business plan and loan proposal.
We are in regular contact with all the major banks and the alternative lenders and have an up to date understanding of what they and the Government are looking for from a successful loan application. Have a look at our article, Corona shock: approaching your bank for funding.
“PEM Corporate Finance helped us present the company and approach the bank in the best way.”
Smuts Beyers, CEO on raising commercial finance for Nexus Strategic Partnerships
Remember we’re offering a free voice or video call to any SME owner-manager that wants a sounding board to run through issues affecting their business as a result of the Coronavirus crisis. Get in touch, and remember, every call is treated as confidential.