Businesses are being urged to consider if they could make use of Government-backed business finance before the opportunity closes.

Cumbria's Business and Economic Response and Recovery Group says time is running out to apply for the series of financial schemes that were introduced by the Government to support business affected by Covid-19.

The closing dates for applications on four financial schemes have now been announced.

The Coronavirus Business Interruption Loan Scheme comes to an end on September 30, as does the Future Fund.

The Coronavirus Large Business Interruption Loan Scheme comes to an end on October 20.

The Bounce Back Loan scheme comes to an end on November 4.

The details of these schemes and information on other support measures can be found here.

Jo Lappin, chief executive of Cumbria Local Enterprise Partnership and chair of the BERRG, said: “Many businesses in Cumbria have benefitted from these four financial schemes.

"However, I am aware that a number of businesses were waiting a little while to see if they needed financial support to help them over the coming months.

"Now that the closing dates have been announced it’s important that businesses are aware of these."