Latest News
Is the Recovery Loan Scheme right for you?
We are now a month into the latest government finance support scheme, the Recovery Loan Scheme (RLS), and what we have learnt? Well ….. some lenders are still determining their application processes, lenders tend to be open to their own banking customers only...
End of CBILS, start of Recovery Loans
CBILS is finishing on 31st March and will be replaced by the Recovery Loan Scheme which is due to run until 31st December 2021. This new scheme continues to help businesses affected by Covid-19 and can be used for any legitimate business purpose, including managing...
Looking for used commercial vehicles?
Looking for commercial vehicles during lockdown can be tricky. If you need either used or new, we might be able to help – if you see anything of interest give Steve a call. Plate Vehicle Details Mileage Price (excl VAT) 69 Plate FORD TRANSIT CUSTOM 320 L2 2.0 EcoBlue...
Further extension to CBILS: 31 March 2021
The Chancellor of the Exchequer has further extended the government’s three Coronavirus business interruption loan schemes. The extension means that the schemes will now have an end date of 31 March 2021, putting further support in place for those who may need it....
CBILS extended until January 2021
Once again the deadline for the government’s Coronavirus business interruption loan schemes has been extended. The three core schemes – the Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and the...
Update: CBILS deadline extended until 30th November!
Following the Chancellors update on 24th September, it has been confirmed that the CBILS applications deadline has been extended to 30 November. It’s set to be a busy few weeks and the window for businesses to get government backed support is closing. This covers...
Are you concerned about your business cashflow?
We are delivering a webinar in conjunction with Business Lincolnshire, covering CBILS (Coronavirus Business Interruption Loan Scheme) and Bounce Back Loan – insight into which applications are successful and the pitfalls experienced in declines Cashflow forecasts –...
Bounce Back Loan is here!
The Bounce Back Loan Scheme has launched and enables small and micro businesses to obtain a six-year term loan at a government set interest rate of 2.5% a year. The government will cover interest payable in the first year. On day 1, the process seems slick and easy,...