Business Growth Fund looks to rescue struggling SMEs

Business Growth Fund looks to rescue struggling SMEs

Linkilaw Business News

Businesses in the UK are still feeling the effects of the coronavirus pandemic and government aid is proving to be underwhelming. So, to help with the effort, one of the UK’s biggest investors has announced their intention to pledge £15 billion to help smaller businesses that are struggling to repay state-guaranteed coronavirus loans. Below we briefly explain the nature of …

Bounce back loan - New help for small businesses 1

Bounce back loan: New help for small businesses

Linkilaw Legal News

The UK government has launched a new help for small businesses, the Bounce Back Loan Scheme (BBLS). The scheme was launched on 4th May 2020 and aims to provide financial support to businesses impacted by the Covid-19 outbreak but can’t access coronavirus funding quick enough. Businesses can apply to accredited lenders by filling out a simple online form. It offers …

Future Fund the scheme to help UK startups during the coronavirus outbreak

Future Fund: the scheme to help UK startups during COVID-19

Linkilaw Legal News

As part of its ongoing efforts to support businesses that have been seriously affected by the coronavirus and the resulting economic fallout from global shutdowns, the UK government recently established the “Future Fund” and committed £1.25 billion to struggling startups. The Future Fund is the latest in a series of tax and financial measures established by the UK government in …