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Securing Finance &Managing Cashflow Part 1

  1. Review government financial support available to your business as soon as possible.

  2. The Coronavirus Business Interruption Loan Scheme (CBILS), providing additional finance to support long-term viable businesses experiencing cashflow pressures.

  3. Grant funding of £25,000 for retail, hospitality, and leisure businesses with property with a rateable value between £15,000 and £51,000.

  4. The Coronavirus Job Retention Scheme and the statutory sick pay rebate, if you employ staff 12-month business rates holidays for all retail, hospitality, and leisure businesses in England, plus a cash grant of up to £25k per property.

  5. Grants through the Self-employment Income Support Scheme (SEISS), if you’re self-employed and meet the criteria (such as your profits not exceeding £50,000 per year). This may be worth 80% of your profits (not including any dividends you pay yourself), up to a cap of £2,500 per month.


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