Lending to small businesses has plummeted in the UK, with funding options for finance becoming far more difficult in the wake of the pandemic. According to figures [...]
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Fifth of businesses unaware of funding options
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Coronavirus loan schemes and the Future Fund extended to 30 November 2020
The Chancellor of the Exchequer has today extended the government’s three Coronavirus business interruption loan schemes and the Future Fund. The extension aligns all the end dates [...]
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VAT 100 bill over £10,000?
Do you pay your VAT quarterly? Do you wish it didn't impact your cash flow? Many businesses put aside their VAT receipts to pay their next VAT [...]
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British Business Banks deadline for COVID loan schemes
The government has given CBIL Lenders extra time to grant state-backed loans to medium-sized companies and larger businesses in an extension of COVID-19. The British Business Bank [...]
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1.17 million businesses supported through COVID lending schemes
1.17 million businesses have taken advantage of the various government-backed coronavirus lending schemes with the Coronavirus Business Interruption Loan Scheme (CBILS) having now reached over 57,000 businesses [...]
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Coronavirus Business Interruption Loan Scheme: Update 25 March 2020
Coronavirus Business Interruption Loan Scheme (CBILS) is a government scheme, announced by The Chancellor at Budget 2020. The scheme is available to c.40 UK lenders, including many of […]
Coronavirus Business Interruption Loan Scheme Update
At Budget 2020, the Chancellor announced that a ‘Coronavirus Business Interruption Loan Scheme’ (CBILS) will temporarily replace the Enterprise Finance Guarantee (EFG), becoming available over the coming […]
