This time last year, chancellor Rishi Sunak quickly announced several lending programmes for companies affected by Covid and resulting lockdown. With loans, tax relief and cash grants available to support businesses, the idea was to prevent a wave of insolvencies, as firms struggled to stay afloat during the pandemic.
Continue reading Has the Covid Pandemic Created a Financial Timebomb for SMEs?
Tag: Borrowing
How to build your business credit score…
Your business credit score is based on your business’s financial history. Lenders will use it alongside the directors’ personal credit scores to decide whether your business is likely to repay debt.
Continue reading How to build your business credit score…