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REFLECTIONS ON 2020
What a year! When we think back to this time last year, nobody could have predicted how quickly
our ‘normal’ was set to change. Whilst we all pulled together and reacted to the onslaught of the
pandemic, it was amazing to see just how rapidly we adapted when we had to. It felt like every aspect
of our lives changed overnight… and who knew that people would be having family celebrations
virtually by the end of the year!
Like many businesses, Leumi ABL adapted quickly to remote working and there was no disruption to
our service. We did our best to support clients as they faced their own challenges; the introduction
of CBILS helped and we continue to accept CBILS applications from eligible businesses.
Clearly there have been some winners and some losers, but hopefully all will recover. We have been
impressed to see the determination and resilience shown by many of our clients throughout 2020,
and feel very proud to have been in a position to support them through such exceptional times.
And just when we’d almost forgotten about it, there was Brexit… it seemed to just happen without
the big news headline fanfare that we might have expected in better times, and so here we are with
new rules to work with. Another new challenge for 2021!
We begin this new year with much uncertainty. The global health and economic challenges are
daunting, however there is light ahead with the increasing rollout of the vaccine. Hopefully we can
start to get back to some sort of normality come summer. We are all looking forward to seeing loved
ones, re-opening our offices again and enjoying a holiday!
Thank you from all of the Leumi ABL team for your continuing support.
Please do continue to get in touch with us to talk through any new deal
opportunities.
Stay safe and well.
Phil Woodward, CEO, Leumi ABL
To find out more contact Phil Woodward
on 07900 802774 or pwoodward@leumiabl.co.uk
CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME
We are pleased to have been able to further assist our Clients during the
pandemic following our accreditation in the Government’s Coronavirus
Business Interruption Loan Scheme. In conjunction with our flexible ABL
funding solutions we have been able to provide our clients with much needed
support at this difficult time. The Scheme deadline has now been extended by
the Government until the 31st March 2021 – so there is still time for existing or
new clients to benefit from this Government-backed scheme, further details
can be found here:
www.leumiabl.co.uk/coronavirus-business-interruption-loan-scheme-cbils