Scheme ends 31st March 2021
As a CBILS broker we can match you with the UK’s leading CBILS lenders.
CBIL Loan Scheme Key Features:
- Up to £5m facility: The maximum value of a facility provided under the scheme will be £5m, available on repayment terms of up to six years.
- 80% guarantee: The scheme provides the lender with a government-backed, partial guarantee (80%) against the outstanding facility balance, subject to an overall cap per lender.
- Pay nothing for 12 months: On all loans taken out via the CBIL Scheme have a 12-month deferral period, starting the moment you take out the facility.
- 12 Months interest free
- No arrangement fees
- No PG’S/DG’S Under £250K
- Asset Refinance also now included under the CBIL Scheme
NB: It’s crucial given the expected high demand for loans, as seen with other CBILS Lenders, that we work closely with our SME clients to build complete & supportive applications to ensure they get approved promptly & effectively
For more information on what the CBILS loan scheme can do for your business give us a call or click below to start your application
Talk to the specialists.
Without a doubt speaking to a specialist Business Finance brokerage would be beneficial for many business owners. Lenders are reacting to the pandemic and government advice which can be confusing for the borrower.
We can help offer FREE advice and FREE processing of any type of application. There is no one size fits all solution and many businesses have different needs and requirements. We can help guide you through the many different options.
Please click below or call 0161 8211478 to speak with one of our specialists.
Finally as members of the Financial Conduct Authority you can be assured of a great service.
Some of our specialist areas of Finance are:
- Asset Based Lending
- Asset Finance
- Business Loans
- Cashflow Finance
- Invoice Discounting
- Single Invoice Finance
- Trade Finance
- Stock Finance
- Credit Insurance