During these unprecedented times, many businesses will be applying for corporate finance for the first time, including the Government’s CBILS loan scheme and Bounce Back scheme for the smallest businesses including sole traders and the self-employed.
It is important to seek legal advice as any loan agreement is a legally binding contract so it is essential to fully understand the implications to both you and your business before signing on the dotted line.
For help and advice with all aspects of business finance contracts, please get in touch with our expert team.