Stranded middle
From ACT Wiki
Business continuity - COVID-19 - UK.
"Stranded middle" UK businesses are those supported by neither of the Coronavirus Business Interruption Loan Scheme (CBILS) nor 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
