Don’t punish firms who took payment break, says Dawsongroup


 

Businesses that accepted a coronavirus ‘payment break’ should not be penalised when seeking funding, according to Dawsongroup Finance. The asset finance company said it had been approached by a number of companies seeking funding after their current finance provider rejected their applications. This is despite the fact that payment breaks were widely offered across the asset finance industry. Dawsongroup said accepting the three-month payment holiday was “simply sensible cashflow management” in the midst of an unprecedented economic downturn and penalising […]