Corona crisis – secure liquidity now – react flexibly

Corona crisis – secure liquidity now – react flexibly

Sudden crises such as the current corona epidemic threaten the existence of most entrepreneurs.

Without liquidity, even the best idea will not be successfully implemented. Without liquidity, even the best company cannot survive.

Securing liquidity, readjusting corporate planning in pandemic times

Public life is gradually being reduced further. Restaurants, shops or leisure facilities have already had to close or opening hours have been restricted. Art and cultural events, trade fairs and trips have been cancelled. Large companies are successively shutting down their production. Supply and logistics chains have been interrupted. Depending on the business model, the sales losses expected in the coming months cannot be made up in the following months, or only in part.

Many small and medium-sized enterprises, self-employed and freelancers are threatened in their existence. Government packages of measures have been adopted for loans and relief for permanent debt.

The aid can be divided roughly into

  • Tax liquidity support
  • Facilitated access to credit
  • Facilitation of short-time work and
  • statutory relaxations in insolvency law or tenancy law

be broken down.

However, this aid must be actively demanded by the entrepreneurs or companies.

The necessary liquidity gap must be determined. The necessary documents and the application procedure are between entrepreneurs and the funding.

We are fully operational to support you in these challenging times. Please do not hesitate to contact us.

Within a few working days, we can prepare a financial plan for SMEs, self-employed and freelancers. We determine the additional financial requirements – caused by the Corona crisis – in a way that is comprehensible for third parties (e.g. house bank).

Here you can take a look at our sample report:3T Sample Report Corona Aid

We can offer our SME customers a subsidy for consultancy costs from the Federal Office of Economics and Export Control (BAFA). Consulting services in connection with “Corona” are subsidised at a rate of 100 % of the invoiced consulting costs, up to a maximum of EUR 4 000.