Articles

Finance

debenture definition small businesses
What is a debenture, and how might it affect your business?

Many SMEs have taken out business loans, but not all business owners will realise that their lenders may have taken a ‘debenture’ on the company to protect itself if your business defaults on the loan....

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business interruption claim
Supreme Court backs SMEs in Business Interruption Insurance dispute

There is some potential good news for SMEs awaiting pay-outs under Business Interruption Insurance policies. Almost 400,000 businesses’ claims had been disputed by their insurers, which stated that the Coronavirus pandemic was not covered in the policies. On...

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small business bounce back loans for SMEs
Time to refinance your CBILS and BBLS?

Last year the Government launched two loan packages to help businesses that were experiencing difficulty due to the Coronavirus pandemic – The Bounce Back Loan Scheme (BBLS) and The Coronavirus Business Interruption Lending Scheme (CBILS)....

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Furlough scheme update June 2020
Important changes to the Coronavirus Job Retention Scheme (CJRS)

On 29 May 2020, The Chancellor outlined further details on the extension of CJRS, including improved flexibility to bring furloughed employees back part time in July, and a new taper requiring employers to contribute to...

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R&D engineer
Do your research! How your R&D spend could bring cash into your business

The COVID-19 pandemic continues to negatively affect businesses and many of you will be burning through cash reserves to keep your company afloat. Whilst there is help available in the form of extra borrowing, there...

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Up to £25K grants for small businesses just announced — could you qualify this time?

Are you a small business that slipped through the net and failed to secure previous business funding because you share a business space or you can’t register for local business rates? You could now receive...

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