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Should I take one of these government-backed loans?

Should I take one of these government-backed loans?

by Add Then Multiply | May 16, 2020 | Covid19, Finance, Growth, Investment

I hate the thought of being in debt. Should I take one of these government-backed loans?   This is a question I’ve been asked by many business owners in recent weeks. There are lots of people who have a real fear of being in debt. The thought of it makes them...
The cash is finally flowing – an update on CBILS and BBLS

The cash is finally flowing – an update on CBILS and BBLS

by Add Then Multiply | May 13, 2020 | Covid19, Finance, Growth, Investment

Well it’s about time! Statistics released yesterday show that more money has been lent under the Bounce Back Loan Scheme (BBLS) in its first week that the Coronavirus Business Interruption Loan Scheme (CBILS) in more than a month.   In the week since it went...
Bounce Back Loans Scheme (BBLS) going live on Monday and CBILS update

Bounce Back Loans Scheme (BBLS) going live on Monday and CBILS update

by Add Then Multiply | May 2, 2020 | Covid19, Finance, Growth, Investment

Bounce Back Loans, which are available to the smallest SME businesses are going live on Monday, 4 May.   These loans will be available up to 25% of your turnover, with a maximum loan of £50,000.   Bounce Back Loans are 100% guaranteed by the UK government...
CBILS Update – Tales from the Front Line

CBILS Update – Tales from the Front Line

by Add Then Multiply | Apr 24, 2020 | Covid19, Finance, Growth, Investment

Over the past 10 days, I have interviewed around two dozen entrepreneurs about their CBILS experiences and also spoken with senior bankers from several high street banks. Everyone was promised anonymity in return for giving me the full story of CBILS from their...
CJRS Update – portal going live on Monday

CJRS Update – portal going live on Monday

by Add Then Multiply | Apr 18, 2020 | Covid19, Finance, Growth, Investment

They’ve done it! The HMRC portal for claiming under the Coronavirus Job Retention Scheme goes live on Monday 20 April.   They haven’t said what time it goes live. Night owls, I recommend you stay up on Sunday night and try to access the portal in the wee small...
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Recent Posts

  • Should I take one of these government-backed loans?
  • The cash is finally flowing – an update on CBILS and BBLS
  • Bounce Back Loans Scheme (BBLS) going live on Monday and CBILS update
  • CBILS Update – Tales from the Front Line
  • CJRS Update – portal going live on Monday

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