With the coronavirus pandemic continuing to impact every sector and region in the UK, as well as the end of the EU transition period, we’re very aware of the challenges that lie ahead for businesses.
To help you through a changing and uncertain business landscape, we continue to provide relevant advice and guidance, including FAQs, content and a range of business support services that aim to help you during this challenging time.
Read latest official guidance from UK government and working safely during coronavirus.
How we can help you trade through coronavirus (COVID-19):
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Services& Opportunities
Services & Opportunities
Access a wide range of business support services & opportunities designed to help you get back to business.
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Advice & Guidance
Advice & Guidance
Information that you need to know. Get answers to frequently asked questions from businesses, and the latest advice from HM Government.
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Video & Podcast Series
Video & Podcast Series
A series delivering specialist insights to help you make sense of new government support schemes, and provide answers to your questions.
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Content & Resources
Content & Resources
Latest blogs & resources providing a breakdown of key business issues from government, and guidance from leading business professionals.
Already taken out a Bounce Back loan? Here’s how to extend your interest free period
After 12 months, Bounce Back loan interest rates begin at 2.5% a year. But if you’re eligible for the Coronavirus Business Interruption Loan Scheme (CBILS) and haven’t yet used this service, you can effectively reset your interest free period.
Do this by taking out a CBILS loan and using it (or part of it) to pay back the Bounce Back loan. Get your timings right and you can then begin a new year interest free, beginning from the time you drawdown the CBILS loan.
