23/03/2020 · You can apply for a loan if your business: is based in the UK; has an annual turnover of up to £45 million; You need to show that your business: would be viable were it not for the pandemicA business loan could provide your company with extra help through this tough time. If you have not borrowed before, want to improve your credit score, or need to know what the loan process is like, here are some ideas to consider small business loans throughout COVID-19. Lucrative Business PlanEconomic Injury Disaster Loans (EIDL) An Economic Injury Disaster Loan (EIDL) helps small businesses and nonprofits that are losing money during the coronavirus pandemic and that need funds for financial obligations and operating expenses. SBA is accepting applications for EIDLs until December 31, 2021. Apply online for a COVID-19 Economic Injury Disaster Loan. SBA Debt ReliefThis forgivable loan helps businesses keep their workforce employed during the COVID-19 ;· You can apply for a loan if your business: is trading in the UK; You need to show that your business: would be viable were it not for the pandemic; has been adversely impacted by the pandemicCEBA is a $60,000 loan funded by the Government of Canada (interest free until December 31, 2022 and 5% interest per annum from January 1, 2023 until December 31, 2025). Up to $20,000 may be eligible for loan forgiveness. The application window for a new $60,000 CEBA loan as well as $20,000 expansion requests closed June 30, 2021.

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