The UK Government’s Future Fund – a loan scheme aimed at venture-capital backed businesses struggling during the pandemic – has opened for applications from 20 May 2020. Given the current circumstances and the first-come, first-served nature of the fund, companies and their advisers will need to be able to act quickly in order to benefit from this funding opportunity. The Pennington Manches Cooper corporate team explains the application process, eligibility criteria and the terms of the loan.
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