uk iconUK

 

 

 

Failings revealed in COVID Recovery Loan Scheme

A number of shortcomings have stifled uptake of the COVID Loan Recovery Scheme, such as a number of rejections for small business applicants.

Failings revealed in COVID Recovery Loan Scheme
smsfadviser logo

A number of problems have been exposed with the government’s COVID Recovery Loan Scheme. The Times reports that lenders are warning of weak demand for the scheme post-pandemic from small businesses. There are also issues with firms that want to access the state-backed funding.

Read more at smallbusiness.co.uk.

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox