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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

  • Aldermore Invoice Finance
  • Calverton Finance
  • Gener8 Finance
  • Pulse Cashflow Finance
  • Barclays
  • Asset Advantage
  • Davenham Trade Finance
  • Boost Capital
  • Giant
  • Lloyds Bank Commercial Finance
  • Metro Bank SME Finance
  • Roma Finance
  • Haydock Finance Ltd
  • Bibby Financial Services
  • Nucleus Commercial Finance
  • Investec
  • Trade Finance Partners
  • Skipton Business Finance
  • Woodsford Tradebridge
  • 4Syte
  • IGF Invoice Finance
  • inFund
  • Sonovate
  • ABN AMRO Commercial Finance
  • Ultimate Finance Group
  • InvoCap
  • Catalyst Finance
  • MarketFinance
  • iwoca
  • Positive Cashflow Finance
  • Davenham Asset Finance
  • Peak Cashflow
  • 1pm
  • Regency Factors
  • Team Factors
  • Secure Trust Bank
  • Close Brothers Invoice Finance
  • Creative Capital
  • Leumi ABL
  • PNC Business Credit
  • Royal Bank of Scotland
  • Santander Corporate & Commercial
  • Berkeley Trade Finance Ltd
  • Shawbrook Business Credit
  • Partnership Invoice Finance
  • Merchant Money

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