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Thanks Rishi

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    Thanks Rishi

    After delaying on the basis we really hate borrowing, we finally applied for BBL on our family business at the weekend with HSBC. Just had notification it's approved. Super easy, super quick.

    We'd been initially scuppered, as a brand new business which was forced to close:
    1. Brand new building not registered for business rates
    2. Hired staff the day after the furlough cut off

    However after a few days of near panic, we got in touch with our local MP who contacted a local council big-wig and told them to sort out 1.
    And we were able to apply for local sustainability grant funding to cover 3 months wage bill which basically meant our one FTE got paid (in hindsight if we'd say my wife on a full salary they'd have paid that too!)

    We're interested in the kickstart scheme but you have to pay wages then get reimbursed, so the relatively small loan is potentially a big deal.

    Just nice to share some good news, and encouragement that sometimes you need to persevere... Though the latter is probably not news to anyone who started a business. When it's not just your savings but someone else's livelihood at stake, it's a big deal.

    Sent from my ONEPLUS A6003 using Tapatalk
    Originally posted by MaryPoppins
    I'd still not breastfeed a nazi
    Originally posted by vetran
    Urine is quite nourishing

    #2

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      #3
      Thanks Rishi

      Deleted as not in general
      Last edited by GhostofTarbera; 6 October 2020, 22:20.

      Comment


        #4
        Originally posted by GhostofTarbera View Post
        Deleted as not in general
        Aw, now I want to know. If you make it clear it's not a serious post I'm fine with it

        mi fone did this on tappy tawk
        Originally posted by MaryPoppins
        I'd still not breastfeed a nazi
        Originally posted by vetran
        Urine is quite nourishing

        Comment


          #5
          Originally posted by d000hg View Post
          Aw, now I want to know. If you make it clear it's not a serious post I'm fine with it

          mi fone did this on tappy tawk
          Was something about wasting BBL’s on hookers and drugs

          Why not do a cinemaworld and close your lose making business until same time next year


          Sent from my iPhone using Contractor UK Forum

          Comment


            #6
            Originally posted by GhostofTarbera View Post
            Was something about wasting BBL’s on hookers and drugs

            Why not do a cinemaworld and close your lose making business until same time next year


            Sent from my iPhone using Contractor UK Forum
            We actually care about our staff otherwise mothballing the entire company might have been an option.
            Originally posted by MaryPoppins
            I'd still not breastfeed a nazi
            Originally posted by vetran
            Urine is quite nourishing

            Comment

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