All the big banks have announced that they want to offer full support for small businesses during the crisis – each has set up dedicated advice services.
If you or your business has financial problems, the best advice is to contact your bank as early as possible – they are likely to be besieged with similar requests, so the earlier you speak to your bank the better.
Some banks are offering mortgage holidays, others may increase your overdraft facility or loan facility during this period.
You can read our Q&A with a Natwest financial expert here, which provides information about eligibility for the government’s Coronavirus Business Interruption Loan Scheme here: Banking expert answers your frequently asked questions about CIBLS
Find more information at:
ROYAL BANK OF SCOTLAND