Coronavirus Business Interruption Loan Scheme and Corporate strategy: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create page. Sources: Bsuiness Dictionary http://www.businessdictionary.com/definition/corporate-strategy.html, Execute strategy net https://www.executestrategy.net/blog/corporate-strategy)
 
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''Business continuity - pandemic - UK.''
Corporate strategy is the overall scope and direction of an organisation, and the way in which its different operations collaborate to achieve the organisation's higher-level goals.


(CBILS).


The CBILS will be provided by the UK government owned British Business Bank through participating providers.
== See also ==
 
* [[Ancillary business]]
It will offer more attractive terms for both businesses applying for new facilities and lenders, with the aim of supporting the continued provision of finance to UK businesses during the Covid-19 outbreak.
* [[Business model]]
 
* [[Process strategy]]
The CBILS provides the lender with a UK government-backed guarantee against the outstanding facility balance, potentially enabling a ‘no’ credit decision from a lender to become a ‘yes’.
* [[Strategic analysis]]
 
* [[Structural]]
The UK government will also cover the first 12 months of interest payments, so businesses will benefit from lower initial repayments. The business remains liable for repayments of the capital.
* [[Structural risk]]
 
* [[Value chain analysis]]
The maximum value of a facility provided under the scheme will be £5 million.
 
 
CBILS SUPPORTS A WIDE RANGE OF BUSINESS FINANCE PRODUCTS, INCLUDING:
 
*Term facilities
*Overdrafts
*Invoice finance facilities
*Asset finance facilities
 
 
TO BE ELIGIBLE FOR SUPPORT VIA CBILS, THE SMALL BUSINESS MUST:
 
*Be UK based, with annual turnover of no more than £45 million.
*Operate within an eligible industrial sector.
*Be unable to meet a lender’s normal lending requirements for a fully commercial loan or other facility, but would be considered viable in the longer-term.
 
 
==See also==
*[[British Business Bank]]
*[[Business continuity plan]]
*[[Contingency plan]]
*[[COPD]]
*[[Coronavirus]]
*[[Coronavirus Job Retention Scheme]]
*[[COVID-19]]
*[[COVID-19 Corporate Financing Facility]]
*[[Disaster recovery planning]]
*[[Financial stability]]
*[[Liquidity management]]
*[[WFH]]
 
 
==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]
 
[https://www.gov.uk/coronavirus UK government: COVID-19 support hub]


[[Category:The_business_context]]
[[Category:The_business_context]]

Revision as of 11:56, 29 September 2020

Corporate strategy is the overall scope and direction of an organisation, and the way in which its different operations collaborate to achieve the organisation's higher-level goals.


See also