Companies have borrowed more than £70 billion in Government-backed lending, during a year since British businesses were given their first loans lifelines through the Covid-19 crisis.
Final lending figures for the Treasury loan schemes known as bounce back loans (BBLS), and two business interruption schemes (CBILS and CLBILS) are still not due until later this year.
The schemes have proved vital for many of the 1.6 million bosses that needed to pay daily expenses or even put food on their own tables.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans.