How to access business finance during the coronavirus crisis
5
min read
How to access business finance during the coronavirus crisis
The Government recently announced a state-backed loans programme, a package of tax breaks as well as other measures to protect businesses affected by coronavirus.
Below is a list of government support schemes available to small businesses.
Click on the bullet points to be taken to the relevant article
- Coronavirus Business Interruption Loan Scheme (CBILS)
- Cash grants for retail, hospitality and leisure
- Self-Employment Income Support Scheme
- Coronavirus Job Retention Scheme
- Business rates relief and grants
- VAT holidays and tax deferrals
- Statutory Sick pay
- Universal Credit
- Financial support for R&D
- Financial support for start ups
- The Prince's Trust New Enterprise Relief Fund
Supply chain finance
Supply chain finance plays a crucial role in the success of businesses in the UK. It involves various financial techniques and solutions that help optimise the movement of goods and funds along the supply chain. By understanding the basics of supply chain finance, businesses can unlock potential opportunities and drive growth in the competitive market.
Management buyout
A management buyout (MBO) is a well-known strategy in the business world that allows the existing management team to take control of a company by purchasing either all or a majority of the company's shares from its current owners. In the UK, management buyouts have gained significant popularity as a means of acquiring and managing businesses.
Property refurbishment loans
In today’s competitive real estate market, property refurbishment has become an increasingly popular strategy for investors looking to maximise their returns. However, undertaking a renovation project can often require a significant amount of capital upfront. This is where property refurbishment loans come in to provide the necessary funding. In this article, we will explore everything you need to know about these loans and how they can help turn your property investment dreams into a reality.
