The Chancellor has today made additional announcements to support firms affected by the coronavirus crisis by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies.
- The current loan scheme will be extended so more small businesses can benefit
- Lenders will be banned from requesting personal guarantees on loans under £250,000
- A new scheme is announced to bolster support for larger firms not currently eligible for loans
For further detail, please see the link:
Offers of support and further information
The Government has launched a portal for the registration of offers of help: https://www.smartsurvey.co.uk/s/L5B32S/
There is a BEIS Business Support Helpline for any queries: 0300 456 3565
For other business support, please go to: https://www.businesssupport.gov.uk/
