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.
More businesses can continue to benefit from the Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and the Bounce Back Loan Scheme (BBLS) and Bounce Back Loan Scheme top-ups.
The British Business Bank has reported that the three schemes have supported a total of over 1.5m facilities to businesses, providing over £68 billion of finance up to mid-December.
If you would like to take advantage of the schemes, we can help you access these funds.
Contact us if you’d like to still take advantage of this support.