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MenuThe Government has announced support and funding for small businesses and those in the retail, hospitality and leisure sectors.
THIS SCHEME HAS NOW CLOSED
THIS SCHEME HAS NOW CLOSED
All businesses in England in receipt of either Small Business Rates Relief (SBRR) or Rural Rates Relief (RRR) in the business rates system will be eligible for a payment of £10,000 in line with the eligibility criteria as set out in paragraphs 15-22 in the grant fund guidance document.
If you believe you are eligible please complete this online form.
We understand the difficulties being suffered by our businesses during this situation and, therefore, our colleagues are working really hard to get the applicable grant paid to eligible businesses as quickly as possible. Therefore, please ensure you complete this form ASAP!
If you have any queries then please get in touch.
THIS SCHEME HAS NOW CLOSED
Businesses in England that would have been in receipt of the Expanded Retail Discount (which covers retail, hospitality and leisure) on 11 March with a rateable value of less than £51,000 will be eligible for the following cash grants per property:
If you believe you are eligible please complete this online form.
We understand the difficulties being suffered by our businesses during this situation and, therefore, our colleagues are working really hard to get the applicable grant paid to eligible businesses as quickly as possible. Therefore, please ensure you complete this form ASAP!
If you have any queries then please get in touch.
The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS).
CBILS is designed to support the continued provision of finance to smaller businesses (SMEs) during the Covid-19 outbreak. The scheme enables lenders to provide finance of up to £5m to SMEs across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cash flow.
Access to the scheme has now been opened up to smaller businesses facing cash flow difficulties, who previously would not have been eligible for CBILS because they met the requirements for a standard commercial loan.
The Government will make a Business Interruption Payment to cover the first 12 months of interest payments and any lender-levied fees, so smaller businesses will benefit from no upfront costs and lower initial repayments.
Full details on CBILS and the list of participating CBILS lenders can be found on the British Business Bank website.
If you have any queries then please get in touch.