Funding Options Blog

The growth hub for small and independent businesses

How to secure business finance ahead of the stage 3 lockdown easing

April 12 – the date that stage 2 of the lockdown roadmap comes into play – is when non-essential shops can reopen and resume trading in person. Pubs can serve customers seated outdoors and haircuts can finally resume. Businesses have been working around the clock to get ready, and many are now looking ahead to how they can prepare for stage 3.

Apr 8, 2021

Recovery Loan Scheme (RLS) vs. AltFi products – how do they compare?

The CBILS, CLBILS and BBLS all came to an end on 31 March 2021. Launching on 6 April, The Recovery Loan Scheme (RLS) is the much anticipated replacement. But is it the best option on the lending market, and how does it compare to the other alt-fi products out there?

Mar 29, 2021

3 practical tips for businesses reopening on 12 April

The date 12 April is etched in the minds of many a business owner and consumer. It’s when non-essential shops, hairdressers, pubs and gyms can finally reopen – albeit with restrictions. So, what can businesses do to make sure they get a headstart?

Mar 19, 2021

How can SMEs benefit from the super-deduction tax break?

The Government's super-deduction tax break is encouraging UK firms – including startups and SMEs – to invest in assets that will enable them to grow as we emerge from the lockdown. So, how does it work, and how can business owners fund their new purchases?

Mar 15, 2021

Everything you need to know about the Recovery Loan Scheme

Rishi Sunak recently unveiled an investment-led budget designed to provide SMEs with financial support throughout the pandemic and beyond. The Recovery Loan Scheme is one of many measures set to enable UK businesses to prosper and grow.

Mar 10, 2021

Filing your tax return: has the 31 January penalty deadline been extended?

The “immense pressure” the coronavirus pandemic has put many individuals under has prompted HM Revenue and Customs (HMRC) to provide self-assessment taxpayers with an extra month to file their online tax returns without receiving a penalty.

Jan 27, 2021

Government offers businesses new grants to survive lockdown

One-off grants worth up to £9,000 will be available for businesses in retail, hospitality and leisure to help them stay afloat until spring 2021, the Chancellor has announced.

Jan 5, 2021

Can I apply for a second CBILS loan?

On December 17th 2020 Chancellor Rishi Sunak announced that the Coronavirus Business Interruption Loan Scheme (CBILS) is being extended to the end of March 2021. Previously, the deadline was set to the end of January.

Jan 4, 2021

Coronavirus emergency loan schemes to be extended to end of March 2021

Chancellor Rishi Sunak plans to extend the government-guaranteed emergency loan schemes and furlough scheme to provide further financial help to UK businesses impacted by the pandemic.

Dec 18, 2020

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