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

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

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