There have been many good news stories of how businesses have bolstered efforts in the fight against COVID-19. Offering support both on a financial and a practical basis.
Also inspirational personal efforts like army Veteran, Tom Moore, raising tens of millions of pound for the NHS.
Shifting business focus for practical support
Companies have adapted and tailored the use of their equipment to manufacture life-saving resources.
- Brewers and distilleries across the globe have shifted to manufacturing disinfectants. AB InBev aligned with partners to create and donate disinfectant alcohol liquid and over 1 million bottles of hand sanitiser and disinfectants to hospitals and front-line health workers in more than 20 countries.
- Industrial powerhouses such as Airbus, Dyson, Ford and Rolls-Royce manufactured 30,000+ medical ventilators.
- HSBC offered fast-track loans with lower rates and extended repayments for ventilator manufacturers.
And whilst doing our weekly shop, you may have seen the protective screens for key workers, manufactured by Carousel Lights, Surrey.
Showcasing the ability to capitalise business equipment, shift supply chains, manufacture and increase delivery capacities to adapt in record time.
Generous donations for health force
There has been huge amounts of money, goods and support directly to healthcare workers, such as;
- Apple, sourced and donated 10 million marks for the US and millions more for the hardest hit regions in Europe.
- Crocs donating shoes to healthcare workers which are easy to clean – this is currently at a total of 10,000 pairs a day!
- Starbucks, Krispy Kreme, Pret and more also offering free drinks/food to healthcare workers.
Whilst there has undoubtedly been a huge amount of peril for many businesses through the pandemic, there has collectively been an effort to help where possible.
Many businesses will need financial support to aid shifts in demand and much needed flexibility. As an experienced partner to the healthcare industry, and many more, we know how to stabilise your cash flow.