Government support for business
Bounce back loans and CBILS closed for applications on 31 March 2021.
A new scheme will run from 6 April 2021 until the end of 2021 offering loans and overdrafts. Link here: New loan scheme
The new loans are for £25,000+ and the government guarantees 80% of the loan to the lender, while the borrower is of course liable for 100% of the debt