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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

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

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