Tag

Coronavirus Business Interruption Loan

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

Businesses struggling to repay £20bn of Covid loans

Accountancy firm Azets says businesses struggling to repay Covid-19 debt may default on £20bn of Covid loans, on top of the £4bn worth of fraud the Government already predicts

Partner content

Can businesses save money on CBILS repayment costs by refinancing for a RLS loan?

Your business could save money on CBILS repayments by refinancing for an RLS loan – Funding Options tells us how

Law

Insurers pay out nearly 40% of expected £1.2bn SME Covid bill

Since the court ruling in January, many SME business interruption claims are still awaiting decision, despite insurers being told to act fast

Business Loans

Covid debt drowning small businesses to the tune of £104bn

Bank lending to small businesses rockets by 82% as owners scramble for Government coronavirus support

Outlook

State-backed CBILS replacement scheme delayed by lending details

The Treasury is putting a scheme to replace CBILS in place, but is experiencing issues with pricing and personal guarantees

Business Loans

Microbusiness £50,000 Bounce Back Loans – how they work

Government announces 12-month interest-free microbusiness Bounce Back Loans scheme with £50,000 limit and 100% guarantee

Partner content

The benefits of applying for a second CBILS loan

More than 80,000 businesses have grabbed the lifeline of emergency CBILS funding. But did you know you can apply for a second CBILS loan, as well?

Business Loans

Bounce Back Loan Scheme extended until the end of March

Chancellor also extends furlough scheme until end of April, as businesses reel from pandemic and possible no-deal Brexit

Business Loans

How do I apply for a Coronavirus Business Interruption Loan?

How to apply for the new Coronavirus Business Interruption Loan scheme to help small business survive during the COVID-19 outbreak

Business Loans

A guide to getting a business loan during Covid-19 

Your business needs a government-backed loan but you don’t know where to begin. Funding Options works with 40+ lenders enabling you to make the best choice

Partner content

4 small business functions that must be automated for greater profits

Can technology help you create more efficient business models? In this article, we explore how you can use technology to boost your business

Partner content

It’s time the UK’s small businesses got the seamless communications and collaboration tools they need

Why seamless collaboration is crucial for UK small businesses and what tools can help

Partner content

Flexible work is making cybersecurity tougher for UK SMBs. It’s time they got the tools, and the platform, to defend themselves

The cybersecurity landscape for small businesses and the tips and tools that can help

Partner content

How to enhance your customer and employee experiences using Uber Vouchers

This article explains how Uber Vouchers can enhance both your customer and employee experience