A new corporate finance scheme could help small businesses to “bounce back” from Covid-19 disruption. It comes after the launch of Bounce Back Loans – a 100 per cent Government-backed capital scheme for “thousands of small firms and sole traders”.
The Future Fund has this week opened for applications, giving businesses affected by Covid-19 an essential lifeline.
The Government will supply thousands of businesses with Trade Credit Insurance to ensure that they can continue to trade with confidence, it has been revealed.
More than £2 billion of Bounce Back Loans were approved on day one of the scheme, official figures have revealed.
A new corporate finance scheme will enable small businesses to “bounce back” from Covid-19 disruption, the Government has said.
The Government has announced important changes to UK insolvency law that suspends director liability for wrongful trading. Seeking to provide reassurance to business directors in light of the ongoing COVID-19 pandemic, the Government has retrospectively suspended restrictions relating to wrongful
Thousands of businesses are likely to apply for finance as they attempt to deal with cash flow issues related to the coronavirus pandemic, including via the Government-backed Coronavirus Business Loan Scheme (CBILS), Large Business Loan Scheme (CLBILS) and COVID-19 Corporate
More than 40 banks, building societies and alternative lenders have been approved to provide finance under the Coronavirus Business Interruption Loan Scheme (CBILS), it has been revealed.
The Government’s new £750 million charity grant package offers “important and welcome support” for the sector, a major body has claimed.
Banks have reportedly turned down struggling businesses for credit, even if they are eligible for a guaranteed Government loan, it has been revealed.