At 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 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…
read moreFollowing the recent budget announcement from the Chancellor it was confirmed that both the Recovery Loan Scheme. More details will be released over the coming weeks but a short summary is as follows: Businesses can apply for business funding from £25k to £10mAvailable funds can be used for any legitimate business purposeAny business can apply,…
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