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

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

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