Search results for: coronavirus business interruption

Exploring business finance: How appropriate debt choices can fuel ambitions

There are two broad ways to finance a business: an injection of equity or taking on debt. Here, we look at debt.

Startup Funding and Grants

News

Sole traders face being named if they took out Covid-19 loan

Tribunal could decide this week if the names of 1.7bn small businesses that took out Bounce Back Loans should be made public – leaving sole traders potentially vulnerable to fraudsters

Startup Funding and Grants

Exploring business finance: How appropriate debt choices can fuel ambitions

There are two broad ways to finance a business: an injection of equity or taking on debt. Here, we look at debt.

News

Sole traders face being named if they took out Covid-19 loan

Tribunal could decide this week if the names of 1.7bn small businesses that took out Bounce Back Loans should be made public – leaving sole traders potentially vulnerable to fraudsters

Business Loans

Government to launch £3bn recovery loan scheme

Replacement recovery loan scheme will offer loans of up to £2m to businesses, backed by a 70% government guarantee in event of default. But small business owners will have to offer personal guarantees first

News

Sunak announces new ‘fraud squad’ to target Covid losses

The government has announced a new £25m taskforce to recover money lost to fraud from the Covid-19 emergency loan schemes

News

Recovery loan scheme to be extended for six months

Take-up of the scheme has not been as strong as expected, mainly because of more onerous credit decisions.

News

Treasury mulls Covid loan deadline extension

The Treasury is considering a deadline extension on the Recovery Loan Scheme (RLS). However, businesses may be worse off under the new version

News

Failings revealed in Covid Recovery Loan Scheme

Shortcomings have stifled uptake of the Covid Loan Recovery Scheme, such as a number of rejections for small business applicants

News

Over half of SMEs have already bounced back from the pandemic

The majority of UK SMEs feel positive about recovery from Covid-19, with over half meeting or exceeding pre-pandemic turnover

Business Loans

Recovery Loan Scheme 2021 full update – where do I apply for my loan?

The Government has launched the Recovery Loan Scheme to help businesses. Here is a list of accredited lenders and information on where to apply

Business Loans

Recovery Loan Scheme up to £10m will replace CBILS and BBLS

In his Budget, Rishi Sunak has announced a Recovery Loan Scheme to replace the CBILS and Bounce Back Loan schemes.

Business Loans

Which banks offer Bounce Back Loans? – how to find a BBL lender

Do you need to already be an existing bank customer to get a Bounce Back Loan? Which banks offer Bounce Back Loans to new customers?

News

SME owners hold £1.2bn of personal liabilities linked to Covid-19 loans

SME directors are holding a substantial sum in personal liabilities from Covid-19 loans, putting them at risk once the loans become repayable

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How to keep your small business safe online

Here's how Security Service Edge from Vodafone can help to protect your SME from ever-increasing cyber threats