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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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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