Are your business debts serviceable?

Are your business debts serviceable?

At the weekend the FT quoted a Bank of England study that “a third of the UK’s small businesses are classed as highly indebted” It should come as no surprise that the emergency loan schemes provided during lockdown have increased debt levels across the business...
Make sure your advisor has relevant experience

Make sure your advisor has relevant experience

I often spend my time with decision makers to find the acceptable space between lender and client – enabling agreement to be reached and a deal to be done. Understanding the pressures and requirements of both sides allows me to position and persuade parties to...
Late review – the Recovery Loan Scheme

Late review – the Recovery Loan Scheme

Late review – the Recovery Loan Scheme 4 Stars **** I’m sure we are all familiar with Bounce Back Loans and the larger CBILS scheme – as someone recently said to me… ‘that is so last year’….and we now have the new scheme called the Recovery Loan Scheme (RLS). This was...
Who is managing your money?

Who is managing your money?

My latest client said: “I don’t know who looks after my account at the Bank” What a sad reflection on banking in 2021 – but (full disclosure) I heard this many times when I was responsible as a senior executive for High Street banks. The comment is often...
Looking beyond the headlines…

Looking beyond the headlines…

When I was speaking with lenders about financing a pub company during lockdown, it was difficult to get past the fact that at the time the pubs were shut. It reminded me of a different situation about how can we look beyond the headline and exercise good judgement?...
Growth is on the way back…

Growth is on the way back…

Yes, all the indicators are pointing in the right direction – hooray! It’s great to be out and about with business owners looking to bring their plans to fruition, and I sense that many banks are venturing outside and blinking somewhat in the face of the...
Too good to be true?

Too good to be true?

When is ‘free’ not free…when your finance broker tells you that their service is free…. We all know that nothing in life is free, so the finance broker who claims “our service is free to use” actually means that you are paying for their service through a...
Return to normal?

Return to normal?

Yield curves are steepening as financial markets start to resemble some facets of ‘normal behaviour’, but a return to the office 5 days a week seems like it will never return… → how do we benchmark useful rules of thumb when some things seem to have changed...
The three greatest human inventions

The three greatest human inventions

Will Rogers once said that the three greatest human inventions were fire, the wheel, and central banking. The machinations of central banking are beyond most of us mere mortals with quantitative easing as the policy of choice in recent times. These macro economic...