If you accessed facilities through the Coronavirus Business Interruption Loan Scheme, the Coronavirus Large Business Interruption Loan Scheme, or the versions of the Recovery Loan Scheme that ran from 6 April 2021 to 30 June 2022, this will not count toward your cumulative aid allowance when calculating the maximum amount you can access through the Recovery Loan Scheme. loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form We now appeal to politicians, parties and people of all perspectives to treat each other with respect and reasonableness as we debate Brexit. Examples of Eligible Businesses ( detailed eligibility requirements can be found in the documents below) The scheme will launch for applications on Monday 4 May. Firms will be able to access these loans through a network of accredited lenders.

It’s good to see the Chancellor listening to business, proving that where there’s a need to adjust schemes, he will do what it takes. It will be vital to maintain this approach in the months to come. Every job saved today will ensure a faster recovery tomorrow. Beyond doing the right thing for their workers, companies have another reason to lean into workforce development initiatives: their own competitiveness. As demand for skills for the intelligent era heat up, so too will a war for talent.”— Sarah Franklin, CMO, SalesforceThe loans will be easy to apply for through a short, standardised online application. The loan should reach businesses within days- providing immediate support to those that need it as easily as possible.

With two major groups in our membership, we have since worked with all political parties to make sure the small business voice is heard respectfully by those in power. Throughout the EU exit process so far we have been clear that any deal must include a proper transition period so small businesses can prepare in advance for any changes to the rules with which they have to comply with on a day-to-day basis. We do not believe more than one set of rule changes for small businesses is desirable.Regardless of the content of any future Brexit deal, it is crucial in any case that the UK’s immigration system is open to talent from overseas. Poor ‘access to skilled labour’ is consistently cited by small businesses as one of the top barriers to growth.