Government Backed Loans extended

Have you got adequate cash flow to get your business through the pandemic? Government backed loans could help you.

Chancellor Rishi Sunak has reacted to the news of a second lockdown by extending the Coronavirus Business Interruption Loan Scheme (CBILS) until the end of January 2021. Government backed loans are available to businesses who are feeling the impact of Covid-19.

There is a lingering uncertainty on how many more lockdowns we will face. Many businesses are accessing loans with an aim to hang onto the cash in case they need it in this uncertain climate.

To minimise the disruption to your business, work with PMD to access the finance you require to navigate your business through the next year. Even if you have already utilised one CBILS facility, you can still drawdown on a second CBILS facility before the time is up.

Get in touch today and take advantage of PMD’s fast track application service. Decisions can be made within days and money released shortly after acceptance is confirmed.

Call Tom Brown on 07793 242 280 or get in touch here to find out more about government backed loans.

You might like...

Take control or risk losing control

March 13, 2021
The coronavirus pandemic and resultant fallout of Brexit has brought unparalleled levels of uncertainty and risk to the UK economy.

What are the benefits of trade finance? 

October 7, 2022
Business finance expert PMD explains exactly what trade finance is, and all the ways that it can benefit your business.