HM Treasury coronavirus (COVID-19) business loan scheme statistics
Industry News | 17/11/20
HM Treasury figures published, reveal that nearly 1.5 million businesses in the UK are supported through government-backed coronavirus lending schemes. The Bounce Back Loan Scheme (BBLS) supports almost 1.4 million small and micro businesses affected by the pandemic – many of which now have the option of ‘topping-up’ existing facilities following the Scheme extension. The Coronavirus Business Interruption Loan Scheme (CBILS) has backed over 77,900 businesses with financing since launching in March 2020. 658 larger businesses have been supported by the Coronavirus Large Business Interruption Loan Scheme (CLBILS).