The novel coronavirus is not here to stay, in contrary to popular belief. Despite all odds, the economy will spring back and take a huge leap forward, because such has been the power of human innovation. The only solution is to stay calm and make effective use of a myriad of financial tools that are available to avoid the financial burdens of the pandemic.
There is plenty of relief! Effectively, most loans that you currently have should be forgiven payments during the current period. This should give you a lot of flexibility, to reach out to the best lenders to see if you can get an extension of some kind.
The Coronavirus Business Interruption Loan Scheme (CBILS) via GPS Finance for instance, has been introduced to provide financial support exclusively for businesses. Now businesses can borrow £50,000 to £250,000 to deal with the consequences of Covid-19 without having to pay anything for 12 months.
We, at GPS Finance, work hand in hand to provide you with financial solutions with financial tools such as:
Commercial Finance
You do not have to be worried about pursuing your goals. In fact, the pandemic may be the right time to kick start a new business, buy an existing business, and raise working capital or refurbish property. GPS Finance will prove to be that perfect partner who brings you financial freedom with the best deals, during these volatile times.
Bridging Finance
The pandemic may have slowed down all your transactions. But that doesn’t mean life needs to go on a standstill. GPS Finance has a dedicated Bridging Finance team and works with a specialist team of lenders to source solutions for you. Now you can borrow finance for purposes such as broken chain, auction finance, purchases below market value, or property refinances.
Property Investment
Crisis comes and goes. But what stays forever are long term investments like those in residential or commercial properties that can accrue exponential value over many years to come. Now could be the best time for you to realise your goals of becoming a landowner, and you can do so by taking some sound advice from our team who can put you through some amazing deals from the top lenders in the market.
Development Finance
Lockdowns, supply chain disruptions, tightening consumer spending behaviours are all just the tip of the iceberg. The true implications of the pandemic are yet to be seen. But current challenges are also being buoyed by innovation of forward-thinking companies and self-motivated individuals. Through Development Finance, our expert panel will lead you through your growth journey and create an environment for your business to truly flourish.
GPS Finance is an independent broker that deals with all major and leading private lenders, offering expert financial advice for individuals and organisations. Get in touch with us for the best financial tools that will help you combat the corona crisis.
