The Coronavirus Business Interruption Loan Scheme (CBILS) was a government initiative that was introduced to provide financial support to any business negatively impacted by Covid-19. It has proved to be an incredibly valuable resource at a time when businesses needed it the most. Although the scheme has come to an end there are still many…
read moreThe Coronavirus Job Retention Scheme (CJRS) closed on 30th September. This was an initiative set-up by the Government which allowed a business to claim up to 60% of a furloughed employees wage, with a cap of £1,875 per month, per employee. A business then had to pay at least 20% of their wages so the…
read moreAt the end of March, the Business Bounce Back Loan Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS) and Coronavirus Large Business Interruption Loan Scheme (CLBILS) all came to an end. The 3 Government loan schemes were created to support all businesses during the Coronavirus pandemic and have delivered over £76.3 billion of funding. However,…
read moreThere are lots of questions around the Recovery Loan Scheme, the latest Government-backed business initiative to help any business that has been impacted by COVID-19. This video provides answers to some of the most common questions.
read more
