Finance For Enterprise, has successfully secured a capital injection of £25 million from Lloyds Bank and Big Society Capital (BSC) under the second phase of the Community Investment Enterprise Fund (CIEF). This forms a part of a larger £62 million investment initiative aimed at facilitating access to finance for small businesses across England and Wales,
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
