MAP has raised £250k for an International Digital Marketing firm

MAP, a provider of corporate finance and accountancy services based in Manchester has advised a London-based International Digital Marketing firm on raising £250k via a Coronavirus Business Interruption Loan Scheme (CBILs).

Paul Barnes, Managing Director at MAP took the initiative to contact multiple clients after a thorough analysis of their existing cash flow and their debt showed that better payment terms were available under the CBILs.

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One in five small businesses believe full trading recovery will take two years

Small businesses expect a long, slow road to recovery to pre-pandemic levels of trading, according to a survey from ACCA UK (the Association of Chartered Certified Accountants) and The Corporate Finance Network (CFN).

The gloomy prediction emerges from the SME Tracker, which surveys accountants about their clients. It shows that 20% of SMEs are convinced that full recovery to pre-pandemic levels of trading will take up to two years.

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McBrides advises recruitment firm on a unique MBO

McBrides, a member of The Corporate Finance Network based in Kent and South East London, has advised the shareholders of a recruitment business on a Management Buy-Out (MBO).

McBrides Corporate Finance Partner, Nigel Kimber, was approached by his client as they sought advice for disposing of shares within their business.

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