Click on the video to find out how Alan Patient & Co have been helping businesses through this difficult period. … [Read more...]
Small businesses boosted by bounce back loans
A couple of days ago Rishi Sunak said the new Bounce Back Loans scheme, which will provide loans of up to £50,000, would help bolster the existing package of support available to the smallest businesses affected by the coronavirus pandemic. The scheme has been designed to ensure that small … [Read more...]
COCOONING A BUSINESS
Some businesses are going to need to “mothball” or “cocoon” until the Government considers the Pandemic to be of lower risk and trading conditions improve. What is Cocooning? Cocooning, or mothballing, is a temporary suspension of a business and can be the result of sales reducing to zero (or … [Read more...]
Business Survival
The Government has stepped in to provide support to certain areas of the economy but even with this becoming available in the coming weeks, some of you will need advice on how to survive the lock down. Under the regulations, most businesses are in lockdown or closed excluding … [Read more...]
CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME (CBILS)
This new loan scheme delivered by the British Business Bank, will launch from 23 March 2020. The Temporary Coronavirus Business Interruption Loan Scheme (CBILS) can provide facilities for smaller businesses (SMEs) across the UK who are experiencing lost or deferred revenues, leading to disruptions … [Read more...]
