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 DWF (Northern Ireland) LLP has provided some information on this. Please click here to access info. 

What is the Coronavirus Business Interruption Loan Scheme (CBILS)?
 
CBILS is a new scheme that can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. CBILS supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities.
 
Please click here for further info

Please click here to view document from the Department for Infrastructure which outlines the temporary relaxation of the enforcement of the NI Drivers Hours Rules in Northern Ireland for the drivers of vehicles not exceeding 3.5 tonnes involved in the delivery of food, non-food, over the counter pharmaceuticals and other essential items.

In a conference call with the Economy Minister Diane Dodds MLA, Retail NI has urged the rapid establishment of the COVID-19: Business Support Grant Scheme.

Retail NI Chief Executive Glyn Roberts said:

“I had a very useful discussion with the Economy Minister on the need for the grant scheme to be immediately established to assist Retail NI members and other impacted businesses”

“Retail NI also wants to see the application process for these grants to be speedy and streamlined, so the funds can urgently reach the businesses that are in need”

Speaking after meeting the Executive Office Ministers Declan Kearney and Gordon Lyons this afternoon, Retail NI Chief Executive Glyn Roberts said:

“This was a useful meeting with the Ministers at which we all agreed on the need for a whole societal effort to tackle the impact of Covid-19. The health of our community is the top priority, but we want to ensure that there are jobs for people to come back to when this crisis ends”

After making representation to the Infrastructure Minister on relaxing delivery drivers' hours, Retail NI has welcomed Nichola Mallon’s 

Reacting to the support for business announcements  by the Chancellor and Finance Minister, Retail NI Chief Executive Glyn Roberts said:

“Retail NI is very clear -Northern Ireland small businesses need the same deal as the Chancellor has outlined in his statement. Our members are dealing with the same crisis and deserve the same support from Government in relation to Business Rates relief”

This guidance will assist employers and businesses in providing advice to staff on:

HMRC has a set up a phone helpline to support businesses and self-emplo

Sixteen chambers of commerce and business organisations have come together to issue a joint letter to the First Minister and deputy First Minister calling on the Executive to urgently introduce a package of support to help businesses to deal with the effect that the COVID-19 outbreak is having on the local economy.

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