As we progress through the coronavirus epidemic, we are beginning to see digital agencies seek options for maintaining their cash flow.
In response, the government have launched two new loan schemes to support small business that have been affected by coronavirus.
During March, the Coronavirus Business Interruption Loan Scheme (CBILS) was launched. With the goal of providing businesses access to loans and other forms of finance up to £5 million.
Followed shortly by the Bounce Back Loan Scheme (BBLS) in April which was created to focus on micro SME businesses that require smaller, faster loans to stay afloat.
In order to help you make the right decision for your business, we’ve created a comparison guide to show which loan you could be eligible for, when you need to apply and finally HOW to apply.
Click the button below to download the guide and learn the characteristics of each scheme.