Blog

Coronavirus and UK businesses: Taking advantage of support

28/04/2020

The UK government has implemented several new schemes to support businesses and their staff during the Coronavirus pandemic.

Two of the most talked about are the Job Retention Scheme, under which workers can be furloughed and be paid up to 80% of their salaries by the government, and the Coronavirus Business Interruption Loan Scheme, which aims to make loans more accessible to businesses that need them.

We’ve compiled this infographic to give an overview of how businesses have responded to these schemes and how many of the UK’s companies are currently relying on them.

You can also take a look at our infographic exploring the initial impact of Coronavirus on UK businesses here.

 

If you are struggling with the effects of coronavirus and are in need of commercial funding, you can reach our funding consultants by calling 0800 9774833 or using this request a call back form.

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Some of the funders we work with

  • Castlebridge
  • Time Finance
  • Leumi ABL
  • Metro Bank SME Finance
  • Barclays
  • Woodsford Tradebridge
  • Davenham Asset Finance
  • Santander Corporate & Commercial
  • Lloyds Bank Commercial Finance
  • Sonovate
  • Merchant Money
  • Berkeley Trade Finance Ltd
  • Investec
  • Partnership Invoice Finance
  • InvoCap
  • Regency Factors
  • Peak Cashflow
  • Ultimate Finance Group
  • Team Factors
  • Allica Bank
  • Optimum Finance
  • 4Syte
  • PNC Business Credit
  • Tradeplus24
  • Clear Factor
  • Praetura Invoice Finance
  • Pulse Cashflow Finance
  • Davenham Trade Finance
  • Kriya
  • IGF Invoice Finance
  • Cynergy Business Finance
  • Close Brothers Invoice Finance
  • eCapital Commercial Finance
  • Skipton Business Finance
  • Roma Finance
  • Nationwide Finance
  • Accelerated Payments
  • MaxCap
  • Royal Bank of Scotland
  • Haydock Finance Ltd
  • Giant
  • ABN AMRO Commercial Finance
  • Aldermore Invoice Finance
  • Bibby Financial Services
  • Blazehill Capital

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