May 13, 2020

UK Government Self-Employed Income Support Scheme: Open for Applications

The UK Government’s Self-Employed Income Support Scheme has opened for applications today and will run until May 18th. The scheme allows you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. This is a temporary scheme, but it might be extended. If …

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May 4, 2020

UK Government COVID-19 Bounce Back Loans: Launching Today

The UK Government’s Bounce Back loan system opens for applications today. You can find out more, and apply by clicking here. This scheme is intended to help small and medium-sized businesses to borrow between £2,000 and £50,000. The UK Government guarantees 100% of the loan and there won’t be any fees or interest to pay for the first 12 months. …

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April 21, 2020

Additional Support to Businesses: UK Government Futures Fund

The Future Fund will provide government loans to UK-based companies ranging from £125,000 to £5 million, subject to at least equal match funding from private investors. This fund will launch in May 2020. These convertible loans may be a suitable option for businesses that rely on equity investment and are unable to access the Coronavirus Business Interruption Loan Scheme. The …

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April 17, 2020

Welsh Government Economic Resilience Fund Open for Applications

Applications can now be made for the second phase of the Welsh Government’s Economic Resilience Fund, worth £200m. The fund will provide additional financial support during the coronavirus pandemic and will help organisations to manage cash flow pressures. It will help to address gaps not met by schemes already announced by the UK Government, Welsh Government and Development Bank of …

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