Welcome Cashflow Support for Hard-Hit Businesses in Wales

The news that Businesses in Wales and across the UK will be able to tap into some much-needed support in the wake of the Coronavirus outbreak will be welcomed by many of our business clients.

The temporary Coronavirus Business Interruption Loan Scheme, announced by The Government in the recent 2020 Budget, will launch on March 23.

The scheme will be available to businesses in Wales via the British Business Bank, through participating providers such as high street banks and other commercial lenders, with the intention of supporting the continued provision of finance to UK businesses during the Covid-19 outbreak.

For further updates, and for eligibility criteria, businesses should monitor the British Business Bank’s website, here.

The team at JCP Solicitors is happy to support businesses with any legal concerns.

For more information please contact Betsan Powell at JCP Solicitors on 01792 529 644 or email betsan.powell@jcpsolicitors.co.uk or contact one of our local offices below.

• Swansea: 01792 773773
• Cardiff: 02920 225472
• Carmarthen: 01267 234022
• Caerphilly: 02920 860628
• Cowbridge: 01446 771742
• Haverfordwest: 01437 764723
• Fishguard: 01348 873671

To keep up to date with the latest news from JCP Solicitors, including COVID-19 developments relevant to you and your business, please sign up to our mailing list here.