Business Blog

Wednesday saw the launch of The Future Fund, the Government’s latest initiative to help businesses navigate the current crisis. The Government has partnered with The British Bank on The Future Fund Convertible Loan Notes (its full name) and the application portal opened on Wednesday.

Businesses that rely on equity investment and haven’t been covered under the Government’s previous support schemes could be eligible for the Future Fund. The Future Fund provides loans ranging from £125,000 to £5 million, on the proviso that this amount is at least matched by equity investment. To be eligible businesses must meet the following criteria:

The Self-Employment Income Support Scheme portal is now open for claims. To be eligible you need:

The Government’s Self-Employment Income Support Scheme is expected to be available for claims from as early as Wednesday 13th May. In order to submit a claim:

The Microbusiness Bounce Back loan is the latest Business Support measure and was announced by the Chancellor this Monday 27th April. A microbusiness is defined as a business with fewer than ten people and the scheme offers the following support:

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