1pm plc open for business to support UK SMEs through COVID-19

Covid-19 News | National | Sponsored

1pm plc have announced that they remain open for business and available to support British business through the unprecedented COVID-19 pandemic. With UK SME’s facing a cash flow crisis, the firm is committed to helping ensure they have the right funding in place to trade through these uncertain and challenging times.

The group of companies have put in place remote working capabilities to ensure it is “business as usual” and are focused on delivering an interrupted seamless service on client transactions whilst providing unwavering support to clients with viable businesses. The group are also committed to remaining open for new business to support credit-worthy SMEs looking to access funds to help them through this time.

The 1pm Group have invested in recent years in expanding its range of funding solutions available from loans, asset finance, invoice finance and vehicle finance to ensure it meets the funding requirements of businesses who need it most.

Ed Rimmer, COO at 1pm plc, commented: “As we move through these difficult and unprecedented times, our mission remains the same: to deliver financial solutions to British businesses that make a difference and inspire confidence. We understand the challenges SMEs are currently facing and we continue to look at supporting SMEs on a personal, case-by-case basis, enabling us to deliver the right funding solution at the right time.”

“We are doing everything we can to support our existing clients as they navigate through the challenges they face as a result of COVID-19 ensuring that their funding solution continues uninterrupted. We recognise that every business is unique, which is why our expert teams are working closely with each business to identify and tailor what support is needed to ensure they continue to have the cash flow to trade in these tough business conditions.”

The Group are confident that their own funding lines are robust and have the full support of their funding partners as they seek to get necessary funds to UK businesses.

James Roberts, CFO at 1pm plc, commented: “Our long-standing relationships with our funding partners mean they are unanimously supportive of our Group and our commitment to ensuring our funding solutions reach those who need it. We have substantial funding facilities now in place across all of our divisions which will help us deliver this support.”

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