A new support finder tool has been launched by the Government to help businesses and self-employed people across the UK quickly and easily determine what financial support is available to them during the coronavirus pandemic, click to find out more
This scheme is to support the self-employed in the UK who have lost income due to coronavirus. The scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 a month, click to find out more.
The Bounce Back Loan scheme will support small and medium-sized businesses to borrow £2,000 and £50,000. The government guarantees 100% of the loan and there won’t be any fees or interest to pay for the first 12 months. Loan terms will be up to 6 years with no repayments due during the first 12 months. The government will work with lenders to agree a low rate of interest for the remaining period of the loan. The scheme will be delivered through a network of accredited lenders.
Find out more about the scheme and check if you’re eligible here.
The Coronavirus Business Interruption Loan Scheme (CBILS) is now available through participating lenders to support SMEs across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak. Click here to find out more.
As an emergency response to coronavirus (COVID-19), the Government has developed a temporary online service to upload a number of completed forms and send them to Companies House digitally.