The Corporate Finance Network today announces that MAP has joined their network of corporate finance specialists
The Manchester-based firm, led by Paul Barnes, specialises in advising digital creative agencies from across the UK and was established to provide a fully-outsourced finance function for those clients. As these businesses grew over the years,
MDH, a member of The Corporate Finance Network based in Croydon, has advised the owners of a landscaping business on raising £225k via a Coronavirus Business Interruption Loan (CBIL).
The MDH corporate finance team was asked for assistance when their client who had a turbulent year was refused CBILs funding via one of the UK’s largest high street banks.
The owners of small businesses in the UK are reporting increased levels of stress and anxiety as they try to plan a route back to profitable trading, according to a survey from ACCA UK (the Association of Chartered Certified Accountants) and The Corporate Finance Network (CFN).
A figure of 37% business owners said they were feeling more stressed and anxious than normal in June – which is more than double the figure for May (16%).
North Yorkshire-based accountancy firm Hunter Gee Holroyd (HGH), has advised the owners of a Construction firm to raise funding via a Coronavirus Business Interruption Loan (CBIL).
Mark Grewer, Director of Corporate Finance at HGH was approached by his client after they were interested to learn more about the CBILs funding.
LEES, a member of The Corporate Finance Network with offices in Norwich, London, and Hampshire has advised an incumbent management team of a high-growth manufacturing business on its buy out of the business.
The LEES Corporate Finance team was asked for assistance when the opportunity arose for the management team at a fast-growing manufacturing business to buy the business from the founding shareholders.
McBrides, a member of The Corporate Finance Network based in Kent and South East London, has advised the shareholders of a Manufacturing business on its restructure and subsequent sale to an Employee Ownership Trust (EOT).
McBrides Corporate Finance Partner, Nigel Kimber, was approached by his client as they sought advice for the complex two-tier project.
A total of 77.8% of accountants’ small business clients are not expecting to return to pre-Covid levels of production and turnover for at least a year, raising questions about their confidence and willingness to invest, according to the SME Tracker published by ACCA and The CFN.
And only just over a quarter (26.8%) have made plans for surviving another lockdown,
North Yorkshire-based accountancy firm Hunter Gee Holroyd (HGH), has advised the owners of a motor dealership to raise funding via a Coronavirus Business Interruption Loan (CBIL).
Mark Grewer, Director of Corporate Finance at HGH was approached by his client after they were interested to learn more about the CBILs funding.
Knill James, a member of The Corporate Finance Network based in Lewes, East Sussex, has advised the owners of a farm raise funding via a Coronavirus Business Interruption Loan (CBIL).
The Knill James corporate finance team was asked for assistance when the farming client who had a turbulent year need to raise funds to upgrade its machinery to expand capacity.
LEES, a member of The Corporate Finance Network with offices in Norwich, London and Hampshire has advised the shareholders of an engineering business on the purchase of shares from a dissenting shareholder.
The LEES Corporate Finance team was asked for assistance following the breakdown of a working relationship between shareholders of the fast-growing firm.
