Despite having now passed the 1-year anniversary of the first UK lockdown, many businesses continue to feel the financial impact of coronavirus. There are still a number of financial support schemes available to help businesses and the self-employed stay afloat and ‘bounce back’ once restrictions are lifted. Here’s a summary of the key business support schemes.
The Coronavirus Bounce Back Loan Scheme
The latest of the government’s financial support initiatives is set to launch next Monday 4 May. The Coronavirus Bounce Back Loan Scheme will help small and medium-sized businesses to apply for loans of up to £50,000.
Coronavirus business support loans and grants – Lender Directory
We have compiled a directory of lenders involved in the government-backed Coronavirus Business Interruption Loan Scheme including links to the relevant pages of their websites.