However, these loans must now be repaid. As with every loan, there are other risks involved especially if you have signed a personal guarantee for a business loan.
All business owners across the United Kingdom & Ireland now face the prospect of losing everything they worked hard for because of the COVID-19 pandemic.
We understand this is a worrying and uncertain time for you, that’s why we’re here to alleviate your financial issues. Our expert team will provide you with the best advice on Coronavirus business debt help and guidance on how you can manage issues such as Cash Flow, HMRC Debts, FRI Leases and debt with trade creditors.
The issues of Full Repairing and Insuring (FRI) property leases come to the forefront for Gym owners across the UK. Our team has a real depth of legal and financial experience in dealing with FRI property leases, so we can mediate effectively with your landlord or any other creditors with the aim to reach the best possible outcome for you.Find Out More
Finding it difficult to maintain your cash flow? Have you had to close your business? We are here to help you respond to the long-term implications of Coronavirus on your business whether that be assessing a triggered Personal Guarantee on the back of an FRI property lease or negotiating with your creditors on outstanding arrears. Brick and mortar retailers are particularly exposed due to the coronavirus crisis as they rely on footfall, something lockdown and social-distancing regulations have impacted greatly.Find Out More
Has your supply chain been severally disrupted? Struggling to pay your trade creditor? If your struggling to maintain cashflow within your business and are worried about the long-term implications – (overheads / employee costs) of the Coronavirus, you have come to the right place. Our specialist team are on hand to provide the BEST assistance to alleviate your financial pressures. Coronavirus has impacted contracts and construction supply chains in a way that could never have been envisaged when signed.Find Out More
Business owners within the hospitality sector often rely on their trade creditors for the day-to-day running of their businesses. The pressure due to the Coronavirus crisis means that this industry will be hugely affected even when the lockdown ends – as this business is people-based built around social interaction. So, when these creditors apply pressure, either by withdrawing access to vital supplies, or restricting their availability, this can create an extremely challenging time for your business – we are here to help.FInd Out More
From the outset, we establish clear bottom lines with our clients, so we understand what their priorities are and what must be protected. We then create a strategy to navigate the way out of corporate and personal debt with impartial advice and rigorous action.
The team at Bell & Company combine technical expertise with over a decade’s experience, to find the strategies and solutions to resolve our clients’ debt dilemmas. This means that when you’re with us, you can be assured that we’re working for your best possible outcome.