Coronavirus Business Interruption Loan Schemes and Future Fund
The Coronavirus Business Interruption Loan Schemes and Future Fund are designed to support UK businesses that are losing revenue and seeing their cashflow disrupted as a result of the COVID-19 outbreak.
The schemes include:
Understand and identify suitable finance options to help your business with our Finance Hub.
Developed in conjunction with editorial partners from across the finance industry, the Finance Hub is an independent information hub designed to help your business, whether you’re looking to survive, recover or grow.
Use our simple six-step finance finder and interactive content to learn more about finance and discover finance options that could help your business.
Start Up Loans
Working with a national network of delivery partners, Start Up Loans provides government-backed, unsecured personal loans from £500 to £25,000 to start or grow a new business.
In addition to funding, Start Up Loans provides 12 months of free mentoring to successful loan recipients, as well as exclusive discounts on many business products.
During the application process, applicants can get free support and guidance in writing a business plan and creating a cash flow forecast.
Finance finder tools
A new, improved tool on the GOV.UK website provides information on grants and schemes provided by the public sector.
For further advice on finance options for your business, please call the Business Support Helpline on 0800 998 1098, Monday to Friday, 9am to 6pm.
The Chartered Institute of Credit Management have produced a set of guides looking at all aspects of cash management.
If you are particularly interested in applying for equity finance, the British Private Equity and Venture Capital Association has an online one-stop shop for venture capital and entrepreneurs.
Advice and guides
The Business Finance Advice Scheme helps small and medium-sized enterprises find qualified accountants access high-quality, independent, finance advice. You can find an expert finance adviser in your local area by searching the directories of the three participating accountancy bodies:
ICAS have also compiled a useful guide to starting a business in Scotland, which you can access on its website
HMRC also provides useful guides on topics related to business and investment on its web learning portal and website: