Business loans, 100% government backed,

[ridger]

So with all these extra lock downs coming are we getting some more bounce back loans ? [emoji28][emoji28][emoji28]

Will soon need one

 

[neilo]

So with all these extra lock downs coming are we getting some more bounce back loans ? [emoji28][emoji28][emoji28]

The spokesman for the 'small business association' (or something like that) that was interviewed on the BBC News this morning was saying another round would be needed for many businesses to survive.

 

[Still Farming]

The spokesman for the 'small business association' (or something like that) that was interviewed on the BBC News this morning was saying another round would be needed for many businesses to survive.

If the Furlonged scheme wasn't extended yesterday then lots of companies would have gone bang come Monday morning allegedly but now deferred another month ?

 

[Mc115reed]

The spokesman for the 'small business association' (or something like that) that was interviewed on the BBC News this morning was saying another round would be needed for many businesses to survive.

Not needed here but certainly won’t say no [emoji23] make lambing time a bit easier and buy more sheep come spring time [emoji23] wish I’d not been so stupid and only took a small one first time round

 

[ridger]

The spokesman for the 'small business association' (or something like that) that was interviewed on the BBC News this morning was saying another round would be needed for many businesses to survive.
[/QUOTE when the restrictions first came in, in march, my turnover dropped in the first week to 15% of the previous week. Stayed there for 2 months then struggled to 50% of what it should be. Restrictions coming in 2 weeks ago has now wrecked it again.

 

[neilo]

when the restrictions first came in, in march, my turnover dropped in the first week to 15% of the previous week. Stayed there for 2 months then struggled to 50% of what it should be. Restrictions coming in 2 weeks ago has now wrecked it again

I don't doubt it. A lot in hospitality (especially) will have been extending borrowings and eating into reserves, in the hope of light at the end of the tunnel. It's going to get messy, but extending funding will at least delay it a while.

 

[jendan]

If the Furlonged scheme wasn't extended yesterday then lots of companies would have gone bang come Monday morning allegedly but now deferred another month ?

They wouldnt have been able to print enough P45s.

 

[graham99]

What happens after a year?

I

go have a look on the IMF web site . that is where the govt is getting the money , so they will have a say

 

[graham99]

this all helps the hedge funds cherry pick ,the land they want for cheep , at the same time as keeping the banks afloat .
if what i have heard coming out of aussie is only half right

 

[bobajob]

Will soon need one

What line of business are you in?

 

[ridger]

What line of business are you in?

Potatoes and veg

 

[Mc115reed]

Potatoes and veg

You weren’t one of those holding on too a store full of spuds for an even better price when they were £230 a ton in spring and then carona came along are you? [emoji51][emoji51]

 

[ridger]

You weren’t one of those holding on too a store full of spuds for an even better price when they were £230 a ton in spring and then carona came along are you? [emoji51][emoji51]

No I always keep selling

 

[ridger]

You weren’t one of those holding on too a store full of spuds for an even better price when they were £230 a ton in spring and then carona came along are you? [emoji51][emoji51]

Sell a bit every week and keep money turning

 

[Willie adie]

A guy up here had 100 acres of turnips sitting with no market pre lockdown he openly admitted without covid he was f**ked

 

[Mc115reed]

No I always keep selling

Not too bad then... know a man who had 2500 ton in store when price dropped and hadn’t sold anything yet [emoji85] farm sale is next month [emoji51]

 

[ridger]

Not too bad then... know a man who had 2500 ton in store when price dropped and hadn’t sold anything yet [emoji85] farm sale is next month [emoji51]

Which area is that in? Better to sell some all the time and you will get it right at some stage

 

[Still Farming]

Bounce back loans fraudsters articles in National Newspapers today!

 

[ridger]

What is going to happen anyway. If these closures and restrictions keeps up there will be no money to repay the loan.

 

[s line]

Our next generation will be paying for this for years