Ask the Collective

What financing options are available to drinks companies in the post-COVID period?

Members have identified several post-COVID financing routes worth exploring: - **Recovery Loan Scheme** — Available through high-street banks. Starling is lending at 5% APR over 5 years with facilities up to £100k. Worth enquiring directly with your bank about eligibility. - **Growth Lending selective invoice financing** — Operates at 22.5% APR across your entire invoice book. For a 30-day invoice, the charge is 1.5%. They pay 80% upfront with the remainder settled when they recover the debt, minus interest. Useful for smoothing selective cash-flow gaps. Members recommend requesting an introduction via DM if interested. **Caveats:** Invoice financing costs are material (1.5% per 30 days), so best suited to specific cash-flow pinch points rather than routine working capital. The Recovery Loan Scheme terms may vary by bank and personal/business circumstances.