Launched on 6 April 2021, the new government-backed Recovery Loan Scheme (RLS) promises businesses continued financial support as the earlier coronavirus loan schemes such as BBLS and CBILS come to an end. Similar to those earlier funding initiatives, the scheme aims...
Following various amendments to the Furlough scheme (CJRS), the Government confirmed on Thursday 5 November that the UK wide scheme would be extended by a further five months, taking it until the end of March 2021. Extended support was also announced for millions of...
In the wake of this year’s pandemic, applications for Personal Guarantee Insurance (PGI) have increased sharply. While the deadlines for Government backed loans such as BBLS and CBILS have been extended until the end of January 2021, it seems lenders are only...
Under the Government backed CBILS (Coronavirus Business Interruption Loan Scheme), smaller businesses who have suffered lost or deferred revenues as a result of COVID-19, are able to access funding support. One specific avenue that many are taking is that of Asset...
