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 […]
Tag Archives: Coronavirus
26
Jan
Jan
CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME (CBILS) CBILS Manchester – IMPORTANT UPDATE: At the Budget 2020, the Chancellor announced that a ‘Coronavirus Business Interruption Loan Scheme’ (CBILS) will temporarily replace the Enterprise Finance Guarantee (EFG). CBILs will operate in a similar way to the EFG and be provided by the British Business Bank, but will offer […]
22
Mar
Mar
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 […]
19
Mar
Mar
CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME IMPORTANT UPDATE: At Budget 2020, the Chancellor announced that a ‘Coronavirus Business Interruption Loan Scheme’ (CBILS) will temporarily replace the Enterprise Finance Guarantee (EFG), becoming available over the coming weeks. It will operate in a similar way to EFG and be provided by the British Business Bank, but will offer […]