As we carefully transition from the full lockdown restrictions that we had become accustomed to the next phase (I’ve refrained from referring to a ‘new normal’ for fear of a QI-style klaxon going off), businesses continue to adapt and cope with the disruption caused by the pandemic.
I knew the Future Fund would be popular but if the unconfirmed press reports are to be believed, on the first day alone somewhere in the region of £450m in matched funding was applied for meaning that £900m of funding for new businesses has been pledged.
While the UK may be in lockdown, that does not mean that life cannot continue and the business world must stop, if anything it is even more important now that we continue to press on with business transactions and embrace technology to help us do this.
Prior to and during the Global Financial Crisis, convertible loan notes (CLNs) were frequently used by investors to de-risk their investments in high-growth and high-risk businesses.
In these uncertain times, valuations have also become uncertain. We consider below some of the innovative and alternative investment structures which allow for a quick injection of cash when valuations are uncertain.
