imported>Doug Williamson |
imported>Doug Williamson |
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| ''COVID-19 - business continuity - UK.''
| | (CCP). |
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| (BBLS).
| | A financial institution that acts as an intermediary between market participants. |
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| The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak.
| | Also known as a 'central counterparty'. |
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| The BBLS helps small and medium-sized businesses to borrow between £2,000 and a maximum of 25% of their annual turnover.
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| The maximum loan available is £50,000.
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| The UK government guarantees 100% of the loan.
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| There are no fees or interest to pay for the first 12 months.
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| After 12 months the interest rate will be 2.5% a year.
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| Businesses can apply for a loan if they satisfy three conditions:
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| (1) Based in the UK;
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| (2) Established before 1 March 2020; and
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| (3) Adversely impacted by the coronavirus.
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| ==See also== | | ==See also== |
| *[[British Business Bank]] | | * [[Central counterparty]] |
| *[[Business continuity plan]] | | * [[Clearing house]] |
| *[[Contingency plan]] | | * [[EMIR]] |
| *[[COPD]] | | * [[LME Clear]] |
| *[[Coronavirus]] | | * [[Novation]] |
| *[[Coronavirus Business Interruption Loan Scheme]] | | * [[SMF participant]] |
| *[[Coronavirus Job Retention Scheme]]
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| *[[Coronavirus Large Business Interruption Loan Scheme]]
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| *[[COVID-19]]
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| *[[COVID-19 Corporate Financing Facility]]
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| *[[Disaster recovery planning]]
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| *[[Financial stability]]
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| *[[Liquidity management]]
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| *[[Stranded middle]]
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| *[[WFH]]
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| ==Resources for COVID-19==
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| [https://www.treasurers.org/hub/technical/covid19 ACT technical - COVID-19]
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| [https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses]
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| [https://www.gov.uk/coronavirus UK government: COVID-19 support hub]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]]
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| [[Category:Cash_management]] | | [[Category:Cash_management]] |
| [[Category:Financial_products_and_markets]] | | [[Category:Financial_products_and_markets]] |
| [[Category:Liquidity_management]] | | [[Category:Liquidity_management]] |
