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

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

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