Business

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New Bounce Back Loans to launch

Britain’s small businesses will be able to apply for quick and easy-to access loans of up to £50,000

Click on link below!

https://www.gov.uk/government/news/new-bounce-back-loans-to-launch-today?utm_source=c985eecc-0ba1-4c89-9b64-575df515d4a0&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate

 

Expanded_Retail_Discount_Guidance_02.04.20

V4Covid-19 Business support

Covid-19 Business support for self employed

Government Guidance Job Retention Scheme

REMINDER TO BUSINESSES TO REGISTER FOR CORONAVIRUS SUPPORT GRANTS

Businesses across Tendring who are eligible for Government grants during the Coronavirus (Covid-19) pandemic are being urged to sign up.

A wealth of financial support is being made available for small businesses during the outbreak, including business rate relief which is automatically applied to those eligible.

Grants are also available for small businesses, and businesses in the retail, leisure and hospitality sector, which are paid for by the Government but administered by Tendring District Council (TDC).

So far more than £23million has been paid out, but it is estimated around one-third of firms (800) who are eligible have not yet applied.

Business owners in Tendring are encouraging those who have not yet registered for a grant do so. The grants do not need to be repaid.

“The grant has been a lifesaver as it has taken that pressure off worrying ‘what if I get ill’, it’s a massive weight off my shoulders,” said Steve Tattam, Managing Director of Winyl, in Manningtree.

“I’m still able to trade online and do deliveries, and I hope I don’t have to dip into the grant, but it’s there if the worst happens as a contingency.

“Register for it, it will really help – the process is very simple.”

“If you haven’t registered, then why not?” asked Kevin Baldwin, Managing Director of Baldwins Department Store of Dovercourt.

“It is potentially a big help, why wouldn’t you register for it?

“It’s straightforward, came through fast, and meant I could pay the rent and other ongoing standing store charges on time.”

Edward Townrow, Managing Director of Townrow’s store in Frinton, added: “There are expenses to keeping a business not trading, so this grant will help to keep us going.

“The grants are appreciated and we are very thankful for the swiftness of how TDC responded.

“It’s very straightforward, people should go and do it. I’m shocked people have not registered for a grant.”

Mary Newton, TDC Cabinet Member for Business and Economic Growth, reinforced the message that traders should register.

“The grants are available for all relevant small businesses – the hospitality, leisure and retail has a separate scheme,” Cllr Newton said.

“They do not need to be repaid – this really is free money in effect, and cash that will help sustain your business and the Tendring economy through these difficult times. So don’t delay and register today.”

For further details and to register for a grant visit www.tendringdc.gov.uk/coronavirus and go to the Business section.

Repayable loans are also available to apply for through the Gov.uk website.

28/4/2020

NEWSDESKS

For more information on this news release contact Tendring District Council’s Communications Manager Will Lodge on 01255 686338.

If you are a local business and require business support, there is a multitude of information and guidance on a range of topics from Health & Safety to Business Rates, available from the Tendring District Council website at www.tendringdc.gov.uk. Alternatively click on the relevant links below.

You may also be interested in the Other Grants page here !

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