Loss of income is still the main catalyst for individuals becoming in debt, this includes loss of a job, a pay cut or hours being reduced. This is followed by the spiral of debt and then bad financial management. It has become apparent that when an individual goes into debt it is difficult for them to find a way out.
This can then impede on their health and can lead to anxiety and worrying, health problems and even divorce and separation.
Many SME’s are struggling financially, with many new businesses ceasing to exist. Finding funding can be very difficult in recent climate, with bank loans being hard to source. That is where Beer & Young come in. We have a large network of investors who are actively looking to invest equity into businesses such as yours. Call today and find out how Beer & Young can help you and you may find that your business can turn around and that you can save the jobs of all your staff.
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