The Chancellor, Rishi Sunak continued with his campaign to support the business and jobs community yesterday, 8 July 2020, as firms engage with the disruption caused by the coronavirus outbreak and the measures taken to control infection. The main thrust of his announcements during his Summer Economic update concerned his nominated Plan for Jobs 2020,

The Bounce Back Loan Scheme is designed to help a wide range of businesses who were trading prior to 1 March 2020 and have been negatively impacted by COVID-19. The Start Up Loans Scheme is available to businesses who have been trading for less than two years including newer businesses who began trading after 1

I was recently asked what the differences were between CBIL and Bounce back loams. Where there are some similarities, there are also feature which make them very different. In simple terms, it is the amount you can borrow, but there are also differences in how the government guarantee works. Under a Bounce Back Loan, you

Should entrepreneurs and small businesses take out the bounce back loan given by the government? It would almost be daft not to even if you don’t immediately need the support during the pandemic. If your business needs more than £50,000 to trade through the Covid-19 crisis, Bounce Back loans are not for you. CBILS offers