The support … This is more generous than the £500 interest-free overdraft buffer that many providers are offering to help borrowers cope with the financial impact of the coronavirus pandemic. Sarah Collins, Head of SME for South East London and Kent at Barclays UK, says that professional services industries vary widely – and that legal, architecture, and accountancy firms may all be impacted by the coronavirus crisis in different ways. The money will be disbursed principally in the UK, but also in Barclays’ international markets, including the USA and India. This information is correct at the time of writing, but keep checking back as things may change Covid-19 Corporate Finance Facility (CCFF)^ Bounce Back Loans (BBLs) ‡ Recovery Loan Scheme. Barclays is committed to helping its customers, clients, colleagues, and the wider community deal with the unprecedented social and economic crisis caused by COVID-19. A statement from Barclays on Wednesday said the company would stop charging interest on personal current overdrafts between 27 March and 30 April. A new debt finance programme, the Recovery Loan Scheme (RLS), was launched on 6 April 2021. The scheme, aims to support businesses affected by Covid-19 as they recover and grow following the pandemic. Barclays has confirmed the support they will be providing business customers, which includes free banking measures for SMEs with turnover under £250,000.. Additional support includes: Barclays will provide free everyday banking and overdrafts to 650,000 customers with turnover up to £250,000; The bank will waive all everyday banking fees and charges for existing business banking … If you’re having, or expect to have, financial difficulties because of the coronavirus situation, we’re here to help – please read our FAQs for more information. STRUGGLING customers with Halifax, Lloyds and Bank of Scotland have just days left to apply for an up to £500 interest-free overdraft. BARCLAYS has announced it will be providing additional overdraft support for some of its customers during the coronavirus crisis. If we agreed an interest free period on your overdraft as part of the coronavirus support on or before 31st March 2021, this will apply to your arranged overdraft for a period of 3 months from the date of your application. To support the communities where we live and work, Barclays has established a £100m COVID-19 Community Aid Package. Coronavirus support As the coronavirus (COVID-19) situation evolves, we’re here to help you manage your money – in whatever way we can. By Rebekah Evans PUBLISHED: 18:24, Wed, Apr 22, 2020 RLS supports lending from £25,001 up to £10m. They have also been rolling out their application processes for three-month ... 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