Capitalise strengthens their focus on corporate finance

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,

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Has your client taken out a CBILS?

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. 

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SMEs and the corporate world – marked differences in approaches to business planning, credit terms and cashflow

Sharp distinctions in approaches to managing cashflow and business continuity planning by SMEs and the corporate world are revealed in the latest edition of the ACCA UK and The Corporate Finance Network (The CFN) SME Recovery Tracker.

Closing on the 29 July, the results show that 86% of accountants in the corporate sector have business plans and financial forecasts in place,

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#Leave No Business Behind

Today we launch the #LeaveNoBusinessBehind campaign to provide additional support to the wider accounting profession as we urge them to commit to encourage all business owners to prepare cashflow forecasts, so that they have a roadmap to lead them out of lockdown and into recovery.

We are concerned that with so many deferred and debt repayments becoming due over the next 12 months,

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Thousands of SMEs express stress and anxiety ahead of July 4 lockdown lifting

 

More than 1 in 10 businesses have revealed it is impossible or unviable to open up ahead of the UK lockdown being lifted on July 4th.

More SMEs have reported greater levels of stress and anxiety due to Covid-19, finds the latest results from the ACCA UK and The Corporate Finance Network (The CFN) SME Recovery Tracker: Featuring insights from accountants working with the small business community.

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SMEs’ supply chains feel the strain due to Covid-19

More SMEs are changing their credit terms with their suppliers due to Covid-19, finds the latest results from the ACCA UK and The Corporate Finance Network (The CFN) SME Health Tracker.

The survey of accountants, representing nearly 19,000 SME clients, also shows that the current business environment of opening up is slowly easing the intense strain on anxious SMEs –

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