Category

Financing

The financing channel looks at the different small business funding options available to start-up companies and established SME businesses looking to grow. Read a wealth of guides and tips to help manage your accounts and cash flow better, views on the future of business banking and where to source alternative finance.

Where to find your small business coronavirus grant

Here we provide a round-up of UK local authorities with links to their register pages for small business coronavirus grants.

Government Grants

Government Grants

Self-Employed Income Support Scheme now open for applications

HMRC has opened the Self-Employed Income Support Scheme, where freelancers and contractors can apply up to 80% of lost earnings in a £7,500 lump sum

Government Grants

Rishi Sunak extends job retention furlough scheme to October

Chancellor announces that coronavirus job retention scheme will be extended for another four months with no change to 80% wage grant

Government Grants

Government eyes extending 60% furlough scheme until September

Coronavirus Job Retention Scheme could be extended until September with government covering 60% of staff wages

Government Grants

HMRC opens self-employed income support early on May 13

Taxman to start accepting applications for Self-Employed Income Support Scheme on May 13, earlier than announced

Small Business Banking

State could take equity in small businesses, suggests Lloyds chairman

Lord Blackwell, chairman of Lloyds, says government could convert bad coronavirus emergency loan debt into equity, giving it stakes in thousands of small businesses

Government Grants

Treasury bails out small businesses in co-working spaces

The government has greenlit £617m worth of funding to help co-working space tenants and market traders ineligible for coronavirus business rates grant scheme

Financing

Future Fund – government tech start-up bailout scheme how it works

The Treasury has announced the £250m Future Fund tech start-up bailout scheme, which could see the government owning half of some of Britain's fastest-growing companies

Government Grants

Treasury bails out small businesses in co-working spaces

The government has greenlit £617m worth of funding to help co-working space tenants and market traders ineligible for coronavirus business rates grant scheme

Financing

Future Fund – government tech start-up bailout scheme how it works

The Treasury has announced the £250m Future Fund tech start-up bailout scheme, which could see the government owning half of some of Britain's fastest-growing companies

Government Grants

Nearly 40% of small business grants still unpaid five weeks in

Small businesses in West Midlands hardest hit, with both Birmingham City Council and Sandwell among slowest to pay out business grants

Business Loans

Only one in nine coronavirus emergency business loans are approved

Just 13% of firms who have applied for a Coronavirus Business Interruption Loan have been successful, according to latest British Chambers of Commerce survey

Small Business Banking

Fintechs giving up on joining coronavirus emergency loan scheme

New breed of fintechs becoming disenchanted with ever joining the Coronavirus Business Interruption Loan Scheme, despite British Business Bank adding four more lenders

Financing

Rishi Sunak eyes offering 100% guaranteed loans for microbusinesses

As many of 1m microbusinesses could benefit from 100% guaranteed loans and overdrafts for up to £25,000 per small business

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.

Partner content

Small business owners: discover alternative funding solutions to help fuel your growth

Business Technology

Why you should upgrade your tech now rather than later

To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis

Investing in a franchise

Should I buy a franchise or go solo?

Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.