A Doncaster fish merchant is working overtime to meet demand from fish and chips shops across the North of England as lockdown restrictions are eased, with support from Lloyds Bank. The majority of Warners Fish Merchants’ customers, which include fish and chip shops, restaurants and catering businesses, closed their doors when the government-mandated lockdown came […]
SSGC Ltd, a security services business based in Swindon, has experienced a surge in growth due to Covid 19 forcing it to adapt to the new changes and meet the everchanging demand. The coronavirus pandemic has led to a number of changes to UK businesses, with many having to adapt to the new changes brought […]
Trade credit insurance, which provides essential cover to hundreds of thousands of business-to-business transactions, will receive up to £10bn of government guarantees, ministers announced today. The Trade Credit Reinsurance scheme, which has been agreed following extensive discussions with the insurance sector, will see the vast majority of trade credit insurance coverage maintained across the UK. […]
Independent research that is conducted twice a year (since 2014) by market analysts East & Partners on behalf of national SME funder Scottish Pacific. On ScotPac’s behalf, East & Partners and polls a representative sample of Australian SMEs with $1-20m revenue, who use all types of methods to fund their businesses (ie it is not […]
A West Midlands manufacturer of equipment used for medical procedures in hospitals around the world, has ramped up the production of specialised procedure packs and devices for treating UK Covid-19 patients, with the support of an extended working capital facility from Lloyds Bank. Kimal has focused 100% of one of its manufacturing facilities and a […]
Assetz Capital has launched a new fundraising round with Seedrs for £500k minimum (target £1m) and plans to secure matched funding from the government’s new Future Fund to support its next phase of growth. The peer-to-peer marketplace lender, which was accredited as a lender under the government’s Coronavirus Business Interruption Loan Scheme (CBILS) in May […]
A group of popular Derbyshire restaurant hotels has secured a six-figure Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank to help secure its future as it keeps its doors shut during the COVID-19 pandemic. The Boar’s Head in Draycott-in-the-Clay, The Lion Hotel in Belper and The Littleover Lodge Hotel in Littleover are owned […]
With restrictions on some non-essential businesses lifting, and further changes due to come into effect on 15th June, new research from Intuit QuickBooks suggests SMEs are looking towards recovery following the impact of the pandemic. Almost three in five (57%) small and medium-sized enterprises (SMEs) feel confident about business activity in the next month – […]
Cynergy Bank is pleased to announce that from today it will offer the Coronavirus Business Interruption Loan Scheme (CBILS) to new business customers, having launched the scheme for existing customers in late April 2020. Following the British Business Bank’s announcement in April 2020 that Cynergy Bank – along with three other ‘challenger’ banks – had […]
Figures published by the Treasury reveal how the banking and finance sector is helping businesses across the UK through these tough times. So far, lenders have approved over £31.3bn to over 745,000 businesses through government-backed schemes. In the past week alone, more than £3.8bn in lending has been provided to 94,000 firms through these schemes. […]
