Business Interruption Loan Scheme (CBILS) Support for Businesses through COVID-19
The Government has agreed terms with 40 accredited lenders (including the major clearing Banks), to guarantee up to 80% of loans needed to assist with the funding of UK Businesses as a consequence of COVID-19.
All Businesses with a Turnover of less than £45 million qualify for the Loans.
Loans up to a maximum of £5million.
Maximum repayment terms 6 years.
No arrangement fees.
Interest free for the first year.
Contact your Bank to register your interest in applying for a loan.
Prepare up to date Financial Information and 2-3 years forecasts. Contact us should you need assistance.