Recovery Loan Scheme vs. CBILS: What’s the difference?

Recovery Loan Scheme vs. CBILS: What’s the difference?

On 3rd March 2021, Chancellor Rishi Sunak declared that the Coronavirus Business Interruption Loan Scheme (CBILS) would come to an end at the end of March, to be replaced with the Recovery Loan Scheme (RLS) from 6th April 2021, taking applications until 31st December...
The Budget: What it means for SMEs and what to do next

The Budget: What it means for SMEs and what to do next

On Wednesday, 3rd March, Chancellor Rishi Sunak announced the Government’s latest Budget, perhaps the most significant for businesses in recent times due to the events of the last 12 months. We’re breaking down the key policies affecting British small and...
£14.4million financed in Loans and Asset Finance in 2020

£14.4million financed in Loans and Asset Finance in 2020

Without doubt 2020 was the hardest year many of us experienced, personally and professionally our lives were put on hold and our businesses were closed down. Undoubtedly this put a hold to growth and development to many businesses. At Johnson Reed we have been working...
How to get Approved for Finance

How to get Approved for Finance

Applying and then being rejected for equipment finance or loans for your business can be disappointing and frustrating, not to mention time consuming, even more so in the current climate. This is why we are encouraging our businesses to follow the correct process and...
Government announce grant up to £9,000 for businesses

Government announce grant up to £9,000 for businesses

Following the announcement of a third national lockdown at the start of January 2021, Chancellor Rishi Sunak has announced that businesses in the retail, hospitality and leisure sectors may be eligible for a one-off cash grant of up to £9,000. This follows the news...

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