The UK Government is extending four temporary loan schemes that were designed to support UK businesses that are losing revenue and seeing their cashflow disrupted as a result of the COVID-19 outbreak.
More businesses will now be able to benefit from the:
- Coronavirus Business Interruption Loan Scheme (CBILS)
- Coronavirus Large Business Interruption Loan Scheme (CLBILS)
- Bounce Back Loan Scheme (BBLS)
- Future Fund
The schemes will be extended to 30 November 2020 for new applications.
For further information please visit the British Business Bank website.