Scheme ends 31st March 2021 As a CBILS broker we can match you with the UK’s leading CBILS lenders. Click to apply 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: […]
FAQ: CBILS Facilities – Scheme ends 31st March 2021 Is it possible for a lender to Top UP a CBILS loan or refinance one that already is set-up? Would this mean a business can benefit from a new 12 month BIP Period? The UK Government offer BIP to business borrowing money in order to cover […]
What is the Coronavirus Business Interruption Loan Scheme (CBILS)? Firstly CBILS (often misspelt as CIBILS) is a scheme that can provide facilities of up to £5m for smaller businesses across the UK. It is for businesses who are experiencing losses or deferred revenues, leading to disruptions to their cashflow. CBILS supports a wide range of […]
We all know that the last few months have been tough for many industries. Even businesses that have been able to trade through lockdowns and restrictions have found that income is decreased. This is partly due to the need for their services has lessened. The good news is that you can now Top up your […]
How to apply for the Coronavirus Business Interruption Scheme? Throughout 2020 and continuing into 2021 many small businesses have been affected by coronavirus. With forced closures, national lockdowns and people spending less, many businesses have seen their income decline over recent months. To offer a level of support, the government announced the Coronavirus Business Interruption […]
If you are a user of Invoice Finance (Factoring / Discounting) then this is a must read. CBILS Invoice Finance could save your Business Thousands – but only until the 31st January 2021 What is CBILs? Firstly CBILS stands for “Coronavirus Business Interruption Loan Scheme” which is provided by lenders accredited by the British Business […]
Click to Apply What is the Coronavirus Business Interruption Loan Scheme (CBILS)? Firstly CBILS is a new scheme that can provide facilities of up to £5m for smaller businesses across the UK. It is for businesses who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. CBILS supports a wide range of […]