Most banks have now made policy to support business continuity at this time to address the anticipated financial impact that COVID-19 may have on your business
If you are requiring financial assistance from the Bank, we urge you to consider the following points as this will be helpful information for them to assess your needs;
- What is the direct impact COVID-19 is having or could have on your business i.e. what specific areas, by how much and when?
- Updated forecasts or budgets reflecting these impacts (we can assist with these though are workloads are huge right now with our clients needing far more support at this time.)
- What actions you are taking to control expenses within the business as well as utilising the government assistance packages (Learn more)
We would also like to highlight that we expect different industries to be impacted at different times, with some already experiencing immediate impacts, with this in mind we are working to prioritise requests for support and we will do our best to keep you informed on timelines and assist you as soon as possible.
On a similar note, like many businesses our staff are now working remotely, which does mean changes to our usual working dynamic and potentially some disruption to our business. If you are unable to get hold of someone on their mobile, we encourage you to send an email outlining your query so we can get back to you as soon as we can.