Changes welcome to CBILS however SMEs don’t want to take on more debt

Kirsty McGregor, founder of The Corporate Finance Network, representing some of the UK’s most proactive and commercially astute regional, independent accountancy firms, has given her reaction to the changes brought in to amend the Coronavirus Business Interruption Loan Scheme by the British Business Bank, which are:

1. Changes have been announced to take effect from Monday 6th April but need to be applied retrospectively to any offer made since 23rd March 2020

  • Most banks will now need to use their resources to amend previous offers and applications. 

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18% Of All SMEs Are Set To Collapse Within The Next 4 Weeks, Unless The Government Steps In – A Team Of Leading Industry Professionals Are Ready To Launch Such A Rescue Plan

The Corporate Finance Network, representing some of the UK’s most proactive and commercially astute regional, independent accountancy firms, has undertaken research amongst 13,000 SME’s which predicts that in the next 4 weeks, as a result of the COVID-19 lockdown, 18% of all SMEs will not be able to survive, despite the support measures currently announced by the Government.

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A Forward-Looking Conference

The Corporate Finance Network has published its forthcoming National Conference programme which has a theme of “The ABCD of Corporate Finance” and focuses on a range of topics around Artificial intelligence, Blockchain, Cloud Computing and Big Data.

Speakers from a range of industries will be presenting about how these technologies are already affecting our work and what we need to prepare for as continued innovation will undoubtedly change to our working practices even further over the next few years.

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Wylie & Bisset becomes sole Scottish member of The Corporate Finance Network

Chartered accountant Wylie & Bisset has become the sole Scottish member and the exclusive representative for Glasgow of The Corporate Finance Network nationwide group of specialist corporate finance advisers.

Consisting of selected accountancy firms and business advisors providing SMEs and owner managed businesses with practical business advice, the Corporate Finance Network specialises in acquisitions,

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The impact for SMEs of Thomas Cook’s collapse

Kirsty McGregor of The CFN shares how the ripple across the travel industry should highlight how all SMEs should identify sectors which they are reliant upon

When multinational companies fail, inevitably the headlines are numerous as the devastating consequences for its employees are recognised. However, there is another group of stakeholders who will also suffer,

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Rising Stars aim high

The CFN has announced the programme for its Autumn series of Rising Stars events

The Rising Stars events from The Corporate Finance Network have a track record of nurturing managers and newly qualified accountants, providing coaching in more commercial areas than many typical training courses. These managers are then equipped with the skills,

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Power Packs Announced

The CFN has today launched the first of its new series of events for Autumn 2019, Power Packs. A unique event where marketing teams and technical teams come together to plan the most effective strategy to grow the corporate finance service line.

These will be the only events in the accounting profession where accountancy partner/directors put their marketing and business development support team front &

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