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.

Comments

Some of the funders we work with

  • Investec
  • Pulse Cashflow Finance
  • 4Syte
  • IGF Invoice Finance
  • Barclays
  • MarketFinance
  • Regency Factors
  • Davenham Asset Finance
  • Shawbrook Business Credit
  • Metro Bank SME Finance
  • Calverton Finance
  • MaxCap
  • Close Brothers Invoice Finance
  • Secure Trust Bank
  • Nucleus Commercial Finance
  • Team Factors
  • Sonovate
  • Ultimate Finance Group
  • Haydock Finance Ltd
  • Aldermore Invoice Finance
  • Woodsford Tradebridge
  • Berkeley Trade Finance Ltd
  • InvoCap
  • inFund
  • Giant
  • Roma Finance
  • iwoca
  • ABN AMRO Commercial Finance
  • Partnership Invoice Finance
  • Merchant Money
  • Lloyds Bank Commercial Finance
  • Skipton Business Finance
  • Time Finance
  • Leumi ABL
  • Boost Capital
  • Peak Cashflow
  • Royal Bank of Scotland
  • Asset Advantage
  • Bibby Financial Services
  • PNC Business Credit
  • Creative Capital
  • Davenham Trade Finance
  • Santander Corporate & Commercial
  • Trade Finance Partners

Authorised and regulated by the Financial Conduct Authority (FCA number 730445)
We are a credit broker and not a lender and offer credit facilities from a panel of lenders

Our website uses cookies. For more information about managing cookies, visit our Privacy and Cookie Policy. Continue