The following government-guaranteed Covid-19 business loan schemes will be extended until the end of March 2021. These schemes were due to close at the end of January 2021.
- Bounce Back Loan Scheme;
- Coronavirus Business Interruption Loan Scheme; and the
- Coronavirus Large Business Interruption Loan Scheme.
Financial support will be available, beyond the March 2021 deadline of these loan schemes, through a successor loan scheme. Further details of this scheme will be announced in due course.
A wider update on Covid-19 economic support will be given at the next Budget, on 3 March 2021.