Blog

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For chip shops, having secure finances and looking after the bottom line is your priority, more so now than ever. This means making sure that your cash flow is strong and your money goes further, to ensure you can carry on trading and making a profit, whilst keeping costs down. As we all know, this … Read more

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For gyms and fitness studios, having secure finances and looking after the bottom line is your priority, more so now than ever. This means making sure that your cash flow is strong and your money goes further, to ensure you can carry on trading and making a profit, whilst keeping costs down. As we all … Read more

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With retail, hospitality and leisure businesses opening again, and demand for suppliers, manufacturing and construction greater than ever, it is important that companies have the facilities to expand, grow and invest in the future. With cash flow becoming one of the main concerns for SMEs in the last year, it’s important to get the balance … Read more

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On 3rd March 2021, Chancellor Rishi Sunak declared that the Coronavirus Business Interruption Loan Scheme (CBILS) would come to an end at the end of March, to be replaced with the Recovery Loan Scheme (RLS) from 6th April 2021, taking applications until 31st December 2021. Having used the CBIL Scheme to support small and medium … Read more

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Guide to leasing and loans

Whether you’re starting your business from new, growing your existing business to make improvements, or expanding to a new site, we’re with you on your finance journey, and we can support your goals. Leasing? Buying assets? Need a business loan? Your bank won’t lend because of what you’re buying? Here’s where we come in. We … Read more

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On Wednesday, 3rd March, Chancellor Rishi Sunak announced the Government’s latest Budget, perhaps the most significant for businesses in recent times due to the events of the last 12 months. We’re breaking down the key policies affecting British small and medium enterprise (SME) businesses, how they trade, pay tax and the effect on jobs. In … Read more

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Without doubt 2020 was the hardest year many of us experienced, personally and professionally our lives were put on hold and our businesses were closed down. Undoubtedly this put a hold to growth and development to many businesses. At Johnson Reed we have been working since last April, when the Coronavirus Business Interruption Loan Scheme … Read more

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The Supreme Court has rules in favour of SME business that have been shunned by insurance providers over business interruption insurance claims having been rejected last year. The Financial Conduct Authority (FCA) brought the case forward with the support of eight insurance companies last summer. When we last wrote about this, we advised businesses not … Read more

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Applying and then being rejected for equipment finance or loans for your business can be disappointing and frustrating, not to mention time consuming, even more so in the current climate. This is why we are encouraging our businesses to follow the correct process and work with us to process their applications efficiently and have a … Read more

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Following the announcement of a third national lockdown at the start of January 2021, Chancellor Rishi Sunak has announced that businesses in the retail, hospitality and leisure sectors may be eligible for a one-off cash grant of up to £9,000. This follows the news that these businesses will be closed until at least mid-February, in … Read more