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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

News

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

News

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

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

News

Rishi Sunak to extend government coronavirus business support

Chancellor Rishi Sunak expected to extend Coronavirus Business Interruption Loan Scheme, Bounce Back Loans and Future Fund until end-November

Partner content

What are the funding options for hospitality businesses?

Hospitality businesses have faced a number of challenges in the last couple of years. Find out what funding and support is available.

Financing

6 types of business funding for UK tech companies

Here we explore six types of business funding that can help your UK tech company expand and reach its goals.

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

Why your small business should be selling on TikTok this Christmas

Getting the most out of TikTok can help you reach a new audience and grow your business this Christmas.