Advice for businesses and employers
The Government have provided the following advice for businesses and employers:
Funding
The Coronavirus Business Interruption Loan Scheme (CBILS) is now available through participating lenders. CBILS is a new scheme, announced by The Chancellor at Budget 2020, that can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. For more information on the scheme visit the British Business Bank website.
Coronavirus business support webinars
BEIS and The Business Growth Hub are hosting Coronavirus Business Support YouTube webinars on various topics.
Anyone who is interested can register by visiting the Eventbrite booking page.
Useful links
- the Business Growth Hub has developed a range of resources and guidance to ensure businesses feel supported and are prepared. For access to advisors and guidance on contingency management, visit the Business Growth Hub's dedicated Coronavirus support page.