The Analysis News & Opinions


Opinion


‘SMEs struggle to survive the COVID-19 pandemic’


CCRi: Virtual strives to educate


CCRMagazine’s readers have again tuned in to the industry’s major way of finding the information and analysis that you need direct to your computer screen– and still have the opportunity to do so. CCRInteractive: Virtual offers readers the


chances to go online – free of charge – to hear and watch high-profile industry figures speak on the key issues of the day. Attendees of the online-conference, last


With over £11bn being lent to more than 50,000 smaller businesses through the government’s CBIL scheme, it is further proof of just what a dire state many of the UK’s businesses are in as they struggle to survive the pandemic and subsequent lockdown. This is on top of the of the extra £18.2bn


in borrowing by SMEs revealed by the Bank of England last month. This is a life-and-death moment for many


firms that have been hit particularly hard by the ongoing restrictions. But we must not forget the knock-on


impact this has had for workers; the millions of British employees who have been furloughed or had their salaries or hours cut, and now face their own financial crisis. As the lockdown begins to loosen, it is


important to remember that both businesses and their employees need support to manage any financial shocks and help them recover. In the meantime, anyone struggling


should visit websites like the Money and Pensions Service for clear and helpful guidance on options available to them.


Robert Marshall Managing director, WorkLife


month, heard presentations on key issues such as ‘SME financing, relationship banking, and ‘The dichotomy of contingent collections vs. debt sale and purchase – what have we seen, what’s happening now, and, following the crisis. CCR is grateful to the day’s sponsors,


Arum, Qualco UK, and Arvato Financial Solutions, whose participation and insight allows the event to happen. You can still watch the event in its entirety


– or any individual presentations that you missed – by going on to www.ccrivirtual.com and be registering or logging in with your existing details. This is still free of charge as CCR continues to provide opportunities for learning when the industry needs them.


The speakers, who all won praise from the


delegates included: l Kent Matthews, Sir Julian Hodge professor of banking and finance, Cardiff Business School l Simon Bayley, director, Moneybarn Vehicle Finance l Jan-Michael Lacey, head of sales – UK, Qualco lMartin Kirby, head of risk and credit management, Business Stream l Chris Warburton, principal consultant, Arum l Dr Eleimon Gonis, associate lecturer, University of the West of England l Elisabeth Doppelhofer, head of credit, Adecco Group l Kathleen Riach, professor of organization studies, University of Glasgow


CCR reaches 15!


CCRMagazine has reached 15 years old, and is continuing to bring the credit, collections, and enforcement industry the information, knowledge, and analysis that it requires in these unique times. Stephen Kiely, editor of CCRMagazine,


said: “The team at CCR has worked so hard to bring the magazine to the very heart of our industry. Over the years, we have seen the good times and the bad for the industry,


and we have built up so many friends and contacts; seeing them go from young people coming in, to take up positions at the very top of their businesses. “It is this longevity and our contacts that


make CCR unique as a trusted source for the industry. And they make our other initiatives like the webinars and CCRInteractive: Virtual such a success. We owe all our success to the industry itself.”


10


www.CCRMagazine.com


July 2020


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52