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...
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...
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...
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...
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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