Coronavirus: Loan and funding support options for businesses

A range of loans, grants and support options are being made available to businesses, charities and community groups across the country to help them tackle the COVID crisis.

Here’s a selection of support options, with different closure dates and eligibility criteria.



Resilience And Recovery Loan Fund

Loans of between £100,000 to £500,000 without requiring personal guarantees and charging no interest fees or interest for 12 months.


Bounce Back Loans Scheme

Loans for small and medium business £2,000-£50,000.



Loans up to £5,000,000 interest free for first 12 months.


Central Government Financial Aid for Businesses


BT Small Business Support

Grants of £2500 for small businesses to upgrade to Ethernet Ultra-fast Business Connections.



Birmingham City Council General Advice


Small Business Grant Funding

Grants from £10,000-£25,000 depending upon rateable value.


Test and Trace Support Payments

Payments of up to £500.00 following a positive COVID test for loss of earnings to individuals.


Training Grants of £500.00-£18,000 to small and medium enterprises



We are Cycling UK

Grants of £3,000 for community bike initiatives.


The Radcliffe Trust

Grants of £2,500-£7,500 in arts and heritage.


Arts Council England

Name of Fund: Covid-19 Support to organisations and individuals (details ongoing).



Princes Trust and NatWest

To help young entrepreneurs (18-30) across the UK to keep their businesses afloat during the coronavirus crisis.


Youth Futures Foundation

Ongoing, long term support for youth employment. Grants for £30,000-£800,000.


Sylvia Waddilove Foundation

Grants up to £1,000 to support small medium organisations struggling with a shortfall of finances in the pandemic