
Treasury expands coronavirus loans for larger firms to £200m19th May 2020 | published by EW SHARE
The government has extended the size of loans available to larger businesses which have been affected by the Covid-19 pandemic.
The Treasury has said companies will now be able to receive up to £200m from the Coronavirus Large Business Interruption Loan Scheme (CLBILS), which previously had a maximum pay-out of £50m.
It said that loans under the expanded scheme will be made available to firms from 26 May.
The CLBILS scheme was introduced last month by chancellor of the ...
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