We’re here for you
We founded Holvi with the aim to never let you work alone. And we meant it. We are here to support you during the coronavirus crisis.
(last updated: 8/6/2020)
We’re with you
Holvi is here to help small businesses succeed – and today this is more important than ever. All around the world, the coronavirus is hitting sole traders hard.
We keep you updated
At Holvi, we know the power of sharing information. So we’ve created this hub to keep you up to date with what’s going on – honest talk, in plain English.
Insights from Holvi
Read Holvi’s insights into the coronavirus situation – what you can do now and what resources are available to help you. We’ll update this section with useful information on how to come through this stronger.
Official guidance for sole traders
Self-Employment Income Support Scheme (SEISS)
SEISS will support sole traders who have lost income due to Covid-19.
You’ll be able to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for the next 3 months.
Coronavirus Business Interruption Loan Scheme (CBILS)
Sole traders can claim CBILS, an interest-free loan of up to £5m to help them through Covid-19-related difficulties.
To apply, discuss your business plan with one of the 40 accredited finance providers as soon as possible.
Employment Support Allowance (ESA)
As a sole trader, you can apply for ESA if you have a disability or health condition that affects how much you can work.
- Money to help with living costs if you’re unable to work
- Support to get back into work if you’re able to
Universal Credit (UC)
If you’re on a low income or out of work, you may be eligible for UC to help with your living costs.
During the coronavirus period the payments are raised to £94.25 a week.
We want to promote you.
To support you in times of coronavirus, we want to do more. In the last few weeks, we have been advertising your small businesses in our social media channels. Due to the high number of submissions we’ve received, we will pause applications until September. To stay tuned about the campaign, follow us on social media.
How else can we help?
This is how we’re helping our Holvi users. But every business faces its own unique challenges. We’d like to hear how the current situation is affecting you. Please share your questions, feedback and suggestions via our support team or social media, so we can connect and discover new ways of supporting you.