Tag

Coronavirus Business Interruption Loan

Articles and news on the Coronavirus Business Interruption Loan Scheme (CBILS), which was designed to provide financial support to smaller businesses across the UK that were losing revenue.

Financing

Coronavirus emergency business loans may be changed yet again

Chancellor Rishi Sunak says he is open to studying what other countries such as Switzerland are doing to help small businesses get through coronavirus crisis

News

Ebury launches £40m small business coronavirus lending package

Santander-backed fintech firm, Ebury, have launched a fund for SMEs struggling to secure funding during the coronavirus pandemic

Small Business Banking

Most emergency coronavirus bank loan applications still being rejected

Small Business readers say 53% of their coronavirus emergency business loan applications have been turned down since chancellor Rishi Sunak loosened the scheme on April 3

Financing

First two fintechs added to coronavirus emergency loan scheme

OakNorth Bank and Starling Bank are first two fintechs added to the Coronavirus Business Interruption Loan Scheme to help spread out demand.

News

Fewer than 10% of businesses can access government coronavirus funding

Ongoing research from the British Chamber of Commerce reveals just how few businesses are able to access coronavirus funding and why

News

Sunak overhauls coronavirus small business loans

Banks will no longer be able to push small businesses toward standard business loans ahead of Coronavirus Business Loan Interruption Scheme

News

Nearly 1m businesses on brink of collapse, warn accountants

Over 800,000 small businesses are within four weeks of going bust, unable to get hold of promised coronavirus emergency bank loans

Small Business Banking

Banks not cooperating with coronavirus loan, complain small businesses

Banks have been asking small businesses either for personal guarantees to qualify for the government Coronavirus Business Interruption Loan or directing them towards standard loans with high interest rates

Business Loans

Government plans permanent state-backed small business loan scheme

Business could borrow anything up to £10m through 80% state-guaranteed bank loans in successor to existing coronavirus financial support

Partner content

What are the benefits of business broadband?

Business broadband offers a host of advantages over standard domestic connections, here’s why you should be considering an upgrade

Partner content

How should I select my business broadband provider?

As with any supplier, it’s important to do your research and ask important questions before you select a broadband provider for your business. But what are the must-have things you should take into consideration?

Partner content

Why your business should switch to a broadband-based phone network

Analogue phone systems are increasingly being replaced by smarter broadband based networks – here’s why you should consider switching

Partner content

Streamlining document management for your small business

David Malan, sales director of DocuWare for the UK and Ireland, explains how the platform can streamline your document management