Blog

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

  • Skipton Business Finance
  • Leumi ABL
  • Sonovate
  • Team Factors
  • Royal Bank of Scotland
  • MaxCap
  • Ultimate Finance Group
  • Time Finance
  • IGF Invoice Finance
  • Aldermore Invoice Finance
  • Woodsford Tradebridge
  • Blazehill Capital
  • Praetura Invoice Finance
  • Metro Bank SME Finance
  • PNC Business Credit
  • Davenham Asset Finance
  • Tradeplus24
  • Regency Factors
  • Berkeley Trade Finance Ltd
  • Merchant Money
  • InvoCap
  • eCapital Commercial Finance
  • Investec
  • Giant
  • Partnership Invoice Finance
  • Accelerated Payments
  • Close Brothers Invoice Finance
  • Roma Finance
  • Santander Corporate & Commercial
  • Clear Factor
  • Castlebridge
  • Optimum Finance
  • Davenham Trade Finance
  • ABN AMRO Commercial Finance
  • Peak Cashflow
  • Cynergy Business Finance
  • 4Syte
  • Pulse Cashflow Finance
  • Nationwide Finance
  • Kriya
  • Haydock Finance Ltd
  • Barclays
  • Lloyds Bank Commercial Finance

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