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What if your client isn't AAA rated?

Adriana Amato Jul 14, 2020

Kipp Noble, Head of Lender Relations explains how CBILs and BBLs work, and gives a speedy run through all the other key products in the normal commercial lending market – which could be most appropriate for your client?

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Taking action

Businesses need to plan for survival. Prepare a cashflow forecast and ensure they know how they will survive this period to thrive again. We are asking accountancy firms to join our campaign and commit to have a dialogue with every single client to:

  • Check in. Are they coping okay? what are their main worries?
  • Prompt a forecast. Encourage them to prepare a cashflow forecast for the next 12 months & assist with that, if necessary
  • Assess further support & funding needs. Do they need further support to raise finance, manage working capital or consider another strategic direction for their business?
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