Stranded middle: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Minor reword.) |
imported>Doug Williamson (Layout.) |
||
| Line 1: | Line 1: | ||
''Business continuity - COVID-19 - UK.'' | ''Business continuity - COVID-19 - UK.'' | ||
"Stranded middle" UK businesses are those '''not''' supported by either | "Stranded middle" UK businesses are those '''not''' supported by either of: | ||
*The Coronavirus Business Interruption Loan Scheme (CBILS) or | |||
*The Coronavirus Corporate Financing Facility (CCFF). | |||
For example: | For example: | ||
Revision as of 14:55, 31 March 2020
Business continuity - COVID-19 - UK.
"Stranded middle" UK businesses are those not supported by either of:
- The Coronavirus Business Interruption Loan Scheme (CBILS) or
- The Coronavirus Corporate Financing Facility (CCFF).
For example:
- Turnover exceeds the £45m maximum for the CBILS; but
- Not sufficiently creditworthy to be able to access the CCFF.
See also
- Bank of England
- Business continuity plan
- Contingency plan
- Coronavirus
- Coronavirus Business Interruption Loan Scheme
- Coronavirus Job Retention Scheme
- COVID-19
- COVID-19 Corporate Financing Facility
- Creditworthiness
- Disaster recovery planning
- Financial stability
- Liquidity management
