A summary of the timelines involved as government Covid-19 support measures are wound down.
Bounce Back Loan repayments can be delayed further as Chancellor extends Pay as You Grow options.
Wayne Thomas, partner at Bates Weston, looks at the cashflow pressures that are mounting for businesses.
Chancellor extends furlough scheme until the end of April 2021 and Covid-19 business loan schemes extended until the end of March.
The Chancellor, Rishi Sunak, has announced a new micro loan scheme of Bounce Back Loans, providing a simple, quick, easy solution for businesses in need of smaller loans.