Scale-up is a very topical phrase especially across the business environment. Often a business in its scale-up phase is one that has grown by 20% over a 2-year period and will continue to grow at a consistent rate. Having been on a growth curve and reached a certain size, the scale-up business will now be…
read moreIn the past few weeks, the UK has taken more positive steps to overcome the challenges that the COVID pandemic bought. In business terms, many companies have welcomed staff back and offices are beginning to open. Business owners are now thinking about what needs to happen to make sure the next 12 to 18 months…
read moreA Government business loan is a funding solution to help all types of businesses. It could be for business expansion, business growth, introducing new products and services or even for property development projects. The popular Government backed COVID business loans of BBLS, CBILS and CLBILS finished on 31st March 2021 and were replaced by 1…
read moreThere have been many questions around what the comparisons are between the old CBILS (Coronavirus Business Interruption Loan Scheme) and its replacement the RLS (Recovery Loan Scheme). CBILS was introduced by the Government during the COVID pandemic and had been supporting businesses with all their funding needs up until 31st March 2021. It was replaced…
read moreThe Recovery Loan Scheme (RLS) is the latest Government-backed business initiative to help any business that has been impacted by COVID-19. It has a diverse range of uses which includes purchasing assets, boosting cashflow, managing investments and facilitating growth. As with any new Government lending scheme there have been lots of questions raised and here…
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