UK officially in recession but “not too late” for SMEs to plan ahead with SYME21 Aug 2020 12:45
https://realbusiness.co.uk/recession-sme/
However, according to Zamboni, supporting these businesses won’t be achieved by sinking them further into debt with deeper CBILS pots and loans from banks. Though these offer a short-term solution, when businesses have to start repaying, the interest will eat into margins and kick the problem at hand further down the road. The solution to this working capital problem that businesses and policy-makers alike need to be considering are ones that focus on equity, he added. “If a business can monetise their existing inventory, for instance, they can generate cashflow, without incurring traditional debt.”