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Newcastle upon Tyne is ranked the best city to work for a small business in Britain, according to new research released today by iwoca, one of Europe’s largest SME lenders.
Micro businesses could face additional hurdles in recovering from the pandemic compared to larger firms due to a greater reliance on the furlough scheme and a lack of confidence in seeking financial support.
We're pledging to lend £220 million to small businesses in the North of England by the end of 2023 to help them recover from the pandemic.
We decided to make our “buy now, pay later” invoicing product – iwocaPay – free till 2021 to support small businesses impacted by coronavirus.
With the Coronavirus Business Interruption Loan Scheme (CBILS) extended until the 31st January 2021, we’re aiming to lend over £200 million to small businesses in need.
We're partnering with Mental Health UK to develop the UK’s first ever mental health support programme designed specifically for small business owners.