
Summary of government support
UPDATED: The government offers a number of financial support packages for business. We present an overview of the grants and loans available.
30 October 2020
Updated to reflect new developments
The government provides a number of financial support packages for business, the table below provides an overview of the grants and loans available.
Firm size |
Turnover < £45m |
Turnover > £45m |
Investment grade |
Bounce Back Loans (BBLs) up to £50k |
X |
X |
X |
Coronavirus Business Interruption Loan Scheme (CBILS) (£50k - £5m) |
X |
|
|
Coronavirus Large Business Interruption Loan Scheme (CLBILS) |
|
X |
X |
|
|
X |
|
Job Retention Scheme extended to March 2021 |
X |
X |
X |
Business grants (depending on rateable value of property) |
X |
X |
X |
X |
X |
X |
|
X |
X |
X |
|
Future Fund (if VC funded already) |
X |
X |
|
NOTE: Investment grade refers to the quality of a company's credit
The House of Commons Library has published a report on the various forms of government support.