Coronavirus Business Interruption Loan Schemes and Future Fund extended

The UK Government is extending four temporary loan schemes that were designed to support UK businesses that are losing revenue and seeing their cashflow disrupted as a result of the COVID-19 outbreak.

More businesses will now be able to benefit from the:

  • Coronavirus Business Interruption Loan Scheme (CBILS)
  • Coronavirus Large Business Interruption Loan Scheme (CLBILS)
  • Bounce Back Loan Scheme (BBLS) 
  • Future Fund

The schemes will be extended to 30 November 2020 for new applications.

For further information please visit the British Business Bank website.

https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-schemes/

Source:  Business Wales https://businesswales.gov.wales/news-and-blogs/news/coronavirus-business-interruption-loan-schemes-and-future-fund-extended

 

Posted on: Monday 5th October 2020