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Funding 365 issues final call for CBILS loans

Funding 365 issues final call for CBILS loans
mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.

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Resolution Foundation Warns UK Government on Creating Zombie Firms, Conister Responds Saying BBLS and CBILS Kept Firms Alive

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Resolution Foundation Warns UK Government on Creating Zombie Firms, Conister Responds Saying BBLS and CBILS Kept Firms Alive
Earlier today, the
Resolution Foundation published a report called
On firm ground? The impact of Covid-19 on firms and what policymakers should do in response. The report seeks to assess the current state of corporates while setting out priorities for policymakers to allow enable firms to recover. The authors state that policymakers must first prevent viable businesses from failing in the coming months as the vaccine is distributed and then ensure that firms are in a position to rapidly recover. Last year, the Chancellor of the Exchequer announced a series of programs designed to support businesses during the unprecedented economic challenge of a global pandemic. Most of these programs involved government-backed lending by qualified financial services firms. ....

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What to do next when shutting up shop | Business

As a third national lockdown continues, the Association of Cycle Traders (ACT) is offering guidance to IBDs throughout the country. ACT PR and marketing executive Tabitha Walker outlines some of the help available to bike shops
On 4th January, the Prime Minister took the necessary step of enforcing yet another national lockdown by restricting individual freedoms to prevent the further spread of coronavirus.
Bicycle shops have remained as essential retailers throughout all three lockdowns as they continue to remain open to serve the public’s transport needs.
For bicycle shops that have chosen to remain open during these challenging times, the ACT has published a guidance document to help with continuing with business and remaining safe at the same time. This guidance is just one part of the coronavirus resources the ACT has been publishing on a regular basis. ....

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Funding 365 boosts CBILS 'lifeline' loans for small firms

Funding 365 has been granted further pandemic emergency funds from the British Business Bank, following demand for these "lifeline" loans from small firms. The bridging loan specialist says under the scheme it will provide unregulated bridging loans up to 65 per cent loan to value for up to 24 months. These loans ....

United Kingdom , British Business Bank , Coronavirus Business Interruption Loan Scheme , Mike Strange , Business Interruption Payment , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் வணிக வங்கி , மைக் விசித்திரமானது , வணிக குறுக்கீடு கட்டணம் ,

JCB Finance UK customers utilise Covid-19 loan scheme

JCB customers utilise Covid-19 loan scheme
By Belinda Smart20 January 2021
JCB Finance says the UK government’s Coronavirus Business Interruption Loan Scheme (CBILS) has helped its customers by enabling them to invest in and maintain their fleets during the pandemic.
JCB Finance was set up to finance JCB products and now provides CBILS-backed hire purchase on new and used machinery, commercial vehicles and plant. It confirmed on 20 January that it had delivered more than £50 million (€56.4 million) of loans via the scheme during the pandemic.
CBILS was established to support UK SMEs during Covid-19. JCB Finance is an accredited lender and has been assisting customers impacted by Covid-19, who need to invest in equipment, plant and vehicles. ....

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