We have feedback from clients and professional contacts that some banks and other lenders are currently reviewing the terms of their factoring and invoice discounting facilities.

Whilst it’s an understatement to say how strange our world of work has been over the past 12 months, we’re now seeing consistent evidence of activity levels on the rise. Good news indeed for our SME community.

To all our readers who have not ventured into London recently, I can tell you that it’s still quiet, too quiet – well it certainly is in the Holborn area and surrounds.

On Sunday, all of us expect to hear the government’s strategy to ease lockdown restrictions. So far this week we have been offered a slow drip of hints and comments as to what life will be like at the workplace when we are able to return.

This week the government announced a £1.25bn package for innovative small businesses. The package, which will be launched in May, includes the Future Fund, offering loans between £125,000 and £5 million if matched by funding from private investors.

Due to the escalating national and global impact of the Coronavirus (COVID-19) outbreak, we know that the weeks and months ahead are going to be super tough for so many businesses.

We are delighted to report that B Y Loans, a sister company to Beer & Young, has been shortlisted for the 2020 Business Moneyfacts Awards.

Welcome to our seasonal newspiece. Whilst it’s an understatement to say there is a level of uncertainty in the market at present, there are positive aspects within our sector to talk about.

Are you looking to use your wealth of commercial experience to move into a flexible, self-employed, home-based role?

We are delighted to announce the launch of B Y Loans, a principal lender offering property backed loans.