Mobility 2 You

How did COVID-19 affect your business, and why did this mean you needed funding?

Many of the retailers which we supply were affected by the pandemic and continuous lockdowns. Some of business customers had to remain closed and others had very restrictive retail settings. This meant that our supply chain was severely impacted. The demand from the end consumer was still there, however the product itself could not be purchased through our retailers in the same way it could before.

What did you think would have happened to your business if your application hadn’t been approved?

Without the Bounce Back Loan we would not have been able to make the rapid investment needed to re-engineer our route to market. Technology became key through the pandemic and having the right business systems and platforms was essential to use being able to supply our customers, many of whom could not access our products through traditional means. As a small business we simply could not have made this key investment without the BBLS loan. Our market share would surely have eroded and would have struggled with overheads and other costs.