By jesse_orange
At Newable we know that no one can do everything on their own. Many need external support to get access to finance or develop their business further. Newable has been providing business support and advice for over 30 years now and is proud to be continuing to do so during these times. The Newable Advice … Continued
Businesses are struggling to secure emergency loans backed by the government despite efforts to improve access to a scheme that was heavily criticised when it launched just over two weeks ago. A fifth of small businesses are planning to apply for the state-backed emergency loans after initial problems with the scheme forced the government to … Continued
Following the government’s recent changes to the CBILS, Newable has had to pause the service it was providing as one of the official 40 lenders. Chris Manson explains Newable’s current standpoint and the proposed solution to ensure alternative lenders are able to support SMEs in this time. Listen here for the full interview:
By jesse_orange
Prime Minister’s Office 10 Downing Street London SW1A 2AA 2nd April 2020 Dear Prime Minister, Chancellor of the Exchequer, and Chair of the Select Committee for Business, Energy and Industrial Strategy, We were greatly encouraged by the introduction of The Coronavirus Business Interruption Loan Scheme (CBILS), which currently provides accredited lenders with … Continued
On 17 March, the Chancellor announced an unprecedented package of government-backed and guaranteed loans to support businesses, making available an initial £330bn of guarantees – equivalent to 15% of GDP. This was on top of a series of measures announced at Budget 2020, the government announced £30 billion of additional support for public services, individuals … Continued
By jesse_orange
Almost overnight Covid-19 (Coronavirus) has rocked the world’s stock markets with profound consequences for various regions and countries across the globe. No one could predict its emergence, or the potential repercussions of a burgeoning global pandemic, and as such, finding ways to counteract the spread and ramifications of Covid-19 has proven challenging. Several countries have … Continued