Funding Options Blog
Home of our blog articles on topics that will inform and educate entrepreneurs on topics such as lending, green finance, tax and financial matters.
What is the Self-Employed Income Support Scheme (SEISS)?
If you’re self-employed or a member of a partnership and your work has been adversely affected by COVID-19, you could be eligible to claim a grant through the UK government’s Self-Employment Income Support Scheme. *UPDATE*:You may be eligible to claim a third grant worth of 80% paid out in a single instalment covering 3 months’ worth of profits, and capped at £7,500 in total. You must make your claim on or before 29 January 2021.
15 Dec 2020
What are instant business loans?
Sometimes, waiting days or even weeks to secure a business loan isn’t a viable option. Every business experiences turbulent times, and having enough capital to keep afloat in the midst of a crisis is critical.
15 Dec 2020
Second grants for small businesses - everything you need to know
On 29 May 2020, Chancellor Rishi Sunak confirmed that the UK government will be extending the Self-Employment Income Support Scheme (SEISS), offering self-employed workers affected by coronavirus the chance to claim a second and final payment in August.
15 Dec 2020
How to communicate with your customers post covid
As the UK’s coronavirus lockdown measures are eased, some businesses are looking to reopen either fully or partially over the coming weeks, while others will remain closed.
14 Dec 2020
Is it better to buy or lease IT equipment?
There comes a point in the entrepreneurial journey where your workload necessitates that you hire some in house staff. While remote working is becoming more popular and stands to grow in popularity even after lockdown is lifted, for many small businesses, having the core of your team working together in an office still has far more benefits than disadvantages
15 Dec 2020
Coronavirus Business Interruption Loan Scheme (CBILS): who’s eligible and what to prepare
The Coronavirus Business Interruption Loan Scheme (CBILS) was launched in March to help businesses mitigate the impact of the pandemic. Over the last few weeks, the scheme has become available to a wider range of businesses. Read on to find out more about the CBILS, including what to prepare for your application and what to do if you’re rejected.
14 Dec 2020
How to look after your mental health while working from home
To mark mental health awareness week, we’re sharing tips on how employers can support their team remotely and what we can do as individuals to help manage our mental health during lockdown.
14 Dec 2020
5 business continuity tips for SMEs navigating COVID-19
As the government begins to draft plans for getting employees back into work, individual businesses are working around the clock to bolster their own business continuity plans. If the health crisis has shown us anything, it’s that we can’t predict the future. But we can take proactive measures that will help us build resilience in the weeks and months to come.
14 Dec 2020
How can small businesses help the UK economy?
Small businesses are the lifeblood of the UK’s economy. You only have to peek at the figures to see why. There were 5.9 million SMEs (businesses with less than 250 employees) in the UK in 2019, accounting for more than 99% of all businesses. What’s more, SMEs make up three-fifths of the employment and around half of the turnover in the UK private sector, according to the Department for Business, Innovation & Skills.
15 Dec 2020
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