Coronavirus: Government support for businesses

Partner Mark Williams discusses Government measures to help businesses during the Coronavirus pandemic.

The Government has announced a series of measures to help businesses during the Coronavirus pandemic, including the Coronavirus Business Interruption Loan Scheme which offers loans of up to £5million for SMEs with an annual turnover of less than £45million.  At the discretion of the lender, the scheme can be used for unsecured lending for facilities up to £250,000. For facilities above £250,000 the lender has to establish an absence of security.

Gaby Hardwicke has a wealth of experience in providing businesses and individuals with advice on borrowing, personal and cross company guarantees, EFG loan schemes, refinancing and security required by banks, and we are available to advise you on any legal aspects under the new funding initiatives introduced by the Government.

To see if we can assist you, please contact Mark Williams by email: mark.williams@gabyhardwicke.co.uk

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