View updates on coronavirus (COVID-19) and council services. A postcode checker has been launched to make it easy to find out what the COVID protection level is where you live. If you are affected and need assistance, please visit Grampian Coronavirus (COVID-19) Assistance Hub.
Loan schemes for businesses - Coronavirus
On this page you can find what loans are available to support businesses during the coronavirus outbreak:
- Coronavirus business interruption loan scheme
- Support for a large business
- Term-funding schemes
- Small companies - small business bounce back loans
If you are either a small or medium sized business, you can access the Coronavirus Business Interruption Loan Scheme which is available from 23rd March 2020.
The Covid Corporate Financing Facility CCFF is a scheme for larger firms via the Bank of England. CCFF Market Notice explains some of the detail of how the facility will work. Application forms and pricing are available from the Bank of England’s website.
Banks and building societies can participate in the Bank of England’s Term Funding Scheme announced on 11th March 2020 with additional incentives for small and medium-sized enterprises. Companies can ask their funders about the implications for business lending.
The bounce back loan scheme enables smaller businesses to access finance more quickly during the coronavirus outbreak. Find out how to apply for a bounce back loan.