0207 537 6480
info@elbp.co.uk

Category: Financial Support

Building Legacies Covid-19 Briefing – January 5th 2021

Extra Financial Support for Businesses Following the introduction of the new Covid-19 lockdown in England, the Chancellor of the Exchequer Rishi Sunak, has announced further financial help for businesses that are affected. The package, worth £4.6 billion, will come as grants aimed at supporting businesses and protecting jobs. Here is a summary of the new…
Read more

The Three Things You Need to Consider When Thinking About Money

I spend a decent chunk of my time helping people, typically aged 50+ and having built a decent level of wealth, answer one clear question… Have I got enough? Even though individuals come to see us initially because they want to better organise their pensions, or make sure their investments are working as hard as…
Read more

COVID-19 BRIEFING FOR SME’S URGENT FINANCIAL INFORMATION UPDATE

Covering: New Self-Employment Income Support Scheme (New SEISS) Local Council Grants – Rules Relaxed Bounce Back Loan Scheme (BBLS) Reminder New Local Enterprise Partnership (LEP) Grants Now Available New Self-Employment Income Support Scheme (New SEISS) A new, additional grant scheme to help self-employed people opens on Monday 17th August. People can now apply for New…
Read more

Extension Of Credit Holidays

The Financial Conduct Authority (FCA) has announced that it has issued instructions to credit providers to extend the ‘credit holidays’ to customers who are still experiencing repayment problems due to Covid-19. The measures outline the options that lenders will provide to credit card and other revolving credit (store card and catalogue credit) and personal loan…
Read more

Self-Employment Income Support Scheme Update – 02/07/2020

The Self-Employment Income Support Scheme currently allows you to claim a taxable grant worth 80% of your average monthly trading profits, paid out in a single instalment covering 3 months’ worth of profits, and capped at £7,500 in total. If you’re eligible you must make your claim for the first grant on or before 13…
Read more

Government’s Future Fund

More start-ups and innovative firms will be able to apply for investment from the government’s Future Fund from today (Tuesday 30 June). Companies which have participated in accelerator programmes are now eligible for the popular scheme, more than 320 early-stage, high-growth firms have so far benefitted from £320 million of support through the fund, this…
Read more

Tower Hamlets Business Support Update

The government has delivered an initial package of support for small businesses through the Small Business Grant Fund and the Retail, Leisure and Hospitality Grant Fund for which eligibility was calculated via business rates payments. Recognising that many severely impacted businesses were excluded from these grants, an additional Discretionary Grants Scheme has been launched. This is aimed…
Read more

ELBA Toolkit Session: Financial Support For Charities and Social Enterprise

ELBA one of our key partners and funders is delivering this digital toolkit session to provide you with a chance to learn about government funded support for charities and social enterprises.If you work within these sectors or know somebody who does, this is a very informative session not to be missed.

BUILDING LEGACIES COVID-19 BRIEFING – 20/05/2020

In today’s Bulletin we cover, the Coronavirus Future Fund, Coronavirus Grant Funding for SME’s via Local Authorities and clarification on Directors’ Remuneration & Share Dividends. The Coronavirus Future Fund (CFF) This new CFF scheme will issue convertible loans of between £125,000 and £5 million to innovative and creative sector companies which are facing financing difficulties…
Read more

COVID-19 INSURANCE CLAIMS – NEW GUIDANCE FROM THE FINANCIAL CONDUCT AUTHORITY (FCA)

The FCA has now confirmed a series of temporary measures to help customers who hold insurance and premium finance products and who may be in financial difficulty because of Coronavirus. The new measures, listed below, will come into force on Monday 18th May. They will be reviewed in the next 3 months in the light of…
Read more