This is a summary of the support relevant to most of my clients: 1. Coronavirus Business Interruption Loan Scheme (CBILS) Announced on Wednesday, 11 March 2020, this will be administered by lenders that partner with the British Business Bank. The scheme is expected to become available in the week commencing 23 March 2020. The scheme … Continue reading
A community interest company (CIC) is a special type of limited company that exists to benefit a community or to pursue a social purpose. Pros: Its social/community purpose commitment is clear. Its assets are locked and only available to be used for the company’s social objectives, and it is regulated by the CIC regulator. These … Continue reading