Businesses all over the globe are bearing the brunt of the collapse of economic activity as we all grapple with the impact of the coronavirus pandemic. You might be one of the many businesses who have temporarily closed because of the coronavirus lockdown. Or you might be soldiering on with substantially lower turnover.
No doubt you’ll have read about the various measures that the UK government has introduced to support businesses like you (and sole traders) who are now facing uncertainty around what comes next. You might be considering applying for the Coronavirus Business Interruption Loan Scheme (CBILS) or the Bounce Back Loan Scheme (BBLS). You might be wondering how you can take advantage of the various cash grants, business rates holidays and other HMRC initiatives. Or you might have questions about the Coronavirus Job Retention Scheme and about support for businesses paying sick pay to employees.
Helping you navigate the funding landscape to match you with funding and savings is what Swoop does every day. Thankfully this puts us in the best position possible to help you at this difficult time.
We’ll keep this page updated at all times to ensure you have access to all the information and insights you need, without drowning you in jargon and detail.
A summary of the government-backed support for businesses impacted by coronavirus
Swoops’s ten steps to improving your cash flow and working capital immediately
Frequently-asked questions about the COVID-19 government-backed support for businesses
The most important thing you can do now is to register for your free account with us. But we’re human too, and we’re here to speak to our customers – both existing and new – and provide straight-talking information and options.
We work with world class partners to help us support businesses with finance