Stranded middle: Difference between revisions
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Revision as of 14:14, 31 March 2020
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 Funding Facility
- Creditworthy
- Disaster recovery planning
- Financial stability
- Liquidity management
