Covid-19 coronavirus: UK business loan package – are you eligible to participate?
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The UK government has announced a number of measures designed to respond to the economic shock arising from Covid-19 coronavirus (Covid-19) – these include providing businesses of all sizes with access to a GDP330 billion package of government-backed loans and guarantees.
In this bulletin we consider the key elements and eligibility requirements of the Covid Corporate Financing Facility (CCFF), the Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and the recently announced Bounce back Loan (BBL).