Almost £65.5bn has been delivered to businesses through the government’s Covid-19 support schemes.
Figures from the British Business Bank have revealed that over 1.48 million government-guaranteed loans have been deployed to companies impacted by the Covid-19 crisis.
These loans are collectively valued at £65.5bn, which is up from around £61bn as of 18 October.
1pm plc (LON:OPM), established in 2006 is an independent provider of finance facilities to the SME sector. The 1pm plc group offer a full range of business finance solutions to the UK market from asset finance, hire purchase, commercial loans through to invoice finance and factoring.