LEES, a member of The Corporate Finance Network with offices in Norwich, London and Hampshire has advised a Travel company on fundraising following the Coronavirus outbreak.
The LEES corporate finance team were asked for assistance following the immediate impact the countrywide lockdown had on the travel & tourism sector,
The Corporate Finance Network has released the 100th issue of Network Opportunities, the publication which lists the businesses for sale and wanted across the member firms of The CFN, along with a review of six successful deals completed in the previous month.
This newsletter, issued 10 times per year,
Capitalise, has today announced the appointment of the founder of The Corporate Finance Network, Kirsty McGregor, as their Accountant-In-Residence. This engagement marks a significant expansion from Capitalise as they move beyond funding.
McGregor, who has been a trainer for BPP, Mercia and ICAEW and has facilitated training for the ICAEW/SII CF qualification,
Assynt Corporate Finance, a member of The Corporate Finance Network in Hertfordshire, has advised a security business on raising a £50,000 Bounce Back loan.
Andrew Watkin (pictured), a business adviser at Assynt Corporate Finance was speaking to this client about cash flow in general and found out the client was unaware of the ability to apply for a Bounce Back loan from their bank..
Kay Johnson Gee LLP (KJG), a member of The Corporate Finance Network based in Manchester has advised the owner of an Engineering business on its sale for £750k.
The KJG team, led by Corporate Finance Partner Steven Lindsay, was approached by his client when they decided to consider options for selling their business in what is a very active M&A market.
McBrides, a member of The Corporate Finance Network based in Kent and South East London, has advised the shareholders of a Digital Print business on a £125,000 CBILS loan.
McBrides Corporate Finance Partner, Mark Grady was approached by his client following the lockdown which left the business needing prompt advice regarding short to medium term cash flow.
LEES, a member of The Corporate Finance Network with offices in Norwich, London and Hampshire has advised a Construction company on fundraising following the Coronavirus outbreak.
The LEES corporate finance team were asked for assistance following the overnight shutdown of building sites across the UK, a consequence of the COVID pandemic.
Dyke Yaxley, a member of The Corporate Finance Network with two offices in Shropshire and one in the United States has successfully advised the shareholders of an antiques retailer on a capital raise.
The antiques dealer, a longstanding client of Laurie Riley, Director at Dyke Yaxley was in need of additional capital to mange the impact following the COVID pandemic.
North Yorkshire-based accountancy firm Hunter Gee Holroyd (HGH), has advised the owners of a group Lakeside Lodges on their strategic sale to a leisure company.
Mark Grewer, Director of Corporate Finance at HGH was approached by his client when they were approached by the eventual purchaser in February 2020 who declared they would like to potentially acquire the accommodation business.
The government backed loan scheme, CBILS, is ending for applications on 30th September, which, as I write this article, is 19 working days away. If your client needs to apply, now is the time to do it, to ensure the banks and lenders have all the information they need to confirm a full application by the deadline.
