The UK government has offered a coronavirus lifeline to struggling private equity-owned companies — but it’s possible many won’t be able to grasp it.

After some vigorous debate, private equity-backed businesses will be allowed access to both the Coronavirus Business Interruption Loan Scheme — aimed at small businesses with turnover up to £45m — and the Coronavirus Large Business Interruption Loan Scheme, for businesses with more than £45m in turnover.