The deadline for applications for the following government business loan schemes has been extended to 31 January 2021:
The Coronavirus Business Interruption Loan Scheme which helps small and medium-sized businesses to access loans and other kinds of finance up to £5 million.
The coronavirus Bounce Back Loan Scheme which helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover, up to a maximum loan available of £50,000. New options have been made available to top up existing loans, extend the loan period, make interest-only repayments, or pause repayments.
The Coronavirus Large Business Interruption Loan Scheme which helps medium and large-sized businesses to access loans and other kinds of finance up to £200 million.