Project Birch and Receivables finance: Difference between pages

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''Business continuity - pandemic - UK.''
Finance based on the value of trade receivables.  


Project Birch was a temporary UK government plan announced in May 2020 to bail out strategically important UK companies facing financial difficulty due to COVID-19.
It includes factoring, forfeiting and invoice discounting, among other techniques.  
 
 
The UK government:
 
:'indicated that it is prepared to assist large companies "in exceptional circumstances" and as a "last resort" where an otherwise viable company has "exhausted all options" and its failure would "disproportionately harm the UK economy".'
:''DWF Law, Legal Insights, 29 May 2020''




==See also==
==See also==
*[[Bailout]]
*[[Factoring]]
*[[Bounce Back Loan Scheme]]
*[[Forfaiting]]
*[[Business continuity plan]]
*[[Invoice discounting]]
*[[Coronavirus Business Interruption Loan Scheme]]
*[[Coronavirus Job Retention Scheme]]
*[[Coronavirus Large Business Interruption Loan Scheme]]
* [[Coronavirus crisis]]
*[[COVID-19]]
*[[COVID-19 Corporate Financing Facility]]
*[[Liquidity management]]
*[[State aid]]
 
 
==Resources for COVID-19==
[https://www.treasurers.org/hub/technical/covid19 ACT technical - COVID-19]
 
[https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]

Revision as of 12:07, 20 April 2016

Finance based on the value of trade receivables.

It includes factoring, forfeiting and invoice discounting, among other techniques.


See also