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

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

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