Simona Cavasio

Associate (Admitted in Italy), Banking and Finance

Simona is an Associate in the Banking and Finance team.

Simona graduated from the University of Pavia, Italy with a first class law degree and holds a diploma in Social Sciences from the University for Advanced Studies (IUSS) Pavia.

Prior to joining Forsters, Simona worked in the Banking and Finance team of a major Italian law firm.

Government-backed loan schemes – recent updates

The Winter Economy Plan, launched by the Government on 24 September 2020, contains several measures designed to support businesses throughout the current coronavirus pandemic, including the extension of the Government-backed loan schemes.

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Undertakings in financial distress to benefit from Coronavirus Business Interruption Loan Scheme

On 30 July 2020, the UK Government announced changes to the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) following the European Commission’s amendments to the "Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak" (EU Temporary Framework). These changes effectively mean that more SMEs will be able to borrow up to £5 million under the CBILS than previously.

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"They are hard-working and go the extra mile to achieve the necessary goal."
Chambers HNW Guide, 2020