Owners of a Hornsea-based construction company which specialises in the installation of modular buildings are cooking up plans to nurture entrepreneurial talent in the Yorkshire coastal town, after securing a £65,000 CBILS-backed loan from Finance for Enterprise and NPIF – BEF & FFE Microfinance, which is part of the Northern Powerhouse Investment Fund. The loanRead more
Coronavirus Business Interruption Loan Scheme
The Coronavirus Business Interruption Loan Scheme Explained
In March, Chancellor Rishi Sunak announced several new measures designed to support businesses during the current Coronavirus lockdown. This included the launch of a new Coronavirus Business Interruption Loan Scheme. Sometimes referred to as CBILS, the loan programme was developed to encourage lenders to make funds available to businesses facing cashflow problems as a resultRead more