Access to finance – our new dedicated funding team

Published by Richard Spofforth on 25 March 2020

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The Government has Iaunched the Coronavirus Business Interruption Loan Scheme (CBILS) where they will guarantee 80% of any approved loans of up to £5,000,000 for qualifying businesses. Kreston Reeves have set up a dedicated funding team to help clients and contacts with accessing finance during this period.

Lending applications may well need to be supported by:

  • Business plans
  • Projections
  • Latest annual accounts
  • Up to date management accounts

Your usual Kreston Reeves contact will be best placed to support you here. Alternatively, please contact myself or John.

Kreston Reeves Funding team

Our Kreston Reeves Funding team is headed up by myself, Darren Hurdle and John Walsham. John is an experienced banker, Darren is a well-known Corporate Financier and I’m Head of Accounts and Outsourcing.

Other Funding team members include:

Joe Reynolds – London

Kerry Cairns – Discovery Park

Kirsty Peay – Horsham

Rachel Emmerson – Chatham

Robert Beasley – Chichester

Our team have access to a panel of over 140 lenders including a number of the lenders in the CBIL scheme.

What can the team help you with?

The team members can be accessed directly or via your usual Kreston Reeves contact. They will help you to:

  • Put together your application
  • Submit your application to our funding platform for you
  • Find your way through the funding marketplace
  • Review the offers received

What if I don’t qualify?

If you don’t qualify for the CBILS then we can still make an application via our platform. For the larger sums and more complex lending our Corporate Finance Team are able to assist under the Covid Corporate Finance Facility.

For full details on the Coronavirus Business Interruption Loan Scheme, please click here.

If you would like to know more do please contact a member of the team, or your usual Kreston Reeves contact.

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