Cash will run out in six weeks for 37% of small firmsA survey for business banking platform Tide has found that 37% of small businesses expect to run out of cash within six weeks.
Job retention scheme extended to IR35 contractors in public sectorThe Cabinet Office has confirmed that the Coronavirus Job Retention Scheme has been extended to include IR35 contractors
BBB blamed for delays to small business loans The British Business Bank (BBB) has come under fire from high street banks which say the Treasury-appointed body responsible for...
How well do you know your customers?Know Your Customer (KYC) is the process by which businesses verify the identity and financial conditions of customers before doing business
New £500m economic resilience fund in WalesThe Welsh Government has announced a new £500 million fund to provide extra support to the Welsh economy...
BBB ANNOUNCES NEW LENDERS UNDER THE CBILS Today the British Business Bank has announced that it has approved four new lenders for accreditation under the Coronavirus Business.....
Workspace reports 50% rent payment drop The office landlord Workspace Group said only half of its customers had paid their rents by the end of March, while a large number....
Contractors may not be eligible for income support schemeContractors and those who work through personal service companies (PSCs) may not be eligible for government support...
Achieve more with my Goal of the DaySign up to my daily Goal of the Day and let's see what you can achieve.
More firms than expected plan to furlough staff The UK's Job Retention Scheme may cost £30-40bn over three months, three times the size of initial estimates, according to analysis by the R
Scottish Government urged to close ‘gaps in financial support’ The Federation of Small Businesses has written to the Scottish Government to urge it to set up an emergency grant and loan scheme for firms
Less than £300m of £330bn business loans approved UK Finance data has revealed that banks have paid out just under £292m to just over 2,000 businesses under the Government’s Coronavirus Busi
Lender policies changing fast I'm currently getting over 200 emails per day with updates from lenders and investors. The market is changing rapidly and I will try to.....
Changes to CBILSThe Chancellor has announced a number of changes to the Coronavirus Business Interruption Loan Scheme
Finance still available despite Covid-19I have strong relationships with numerous active lenders still offering Business loans, Working capital, Coronavirus Business Interruption
Securing Finance & Managing Cashflow Part 2Small Business Grant Funding, which you might be eligible for if you have a small business that occupies a property and receives small...
Securing Finance &Managing Cashflow Part 1Grants through the Self-employment Income Support Scheme (SEISS), if you’re self-employed and meet the criteria