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

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