Coronavirus Business Interruption Loan Scheme (CBILS) is now available for SMEs
|CBILS is a new scheme that can provide facilities of up to £5m for SMEs who are experiencing lost or deferred revenues, leading to disruptions to their cashflow.|
It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities.This scheme is now live and provided by the British Business Bank through participating providers. All 40+ accredited lenders will be ready to provide CBILS today (23rd March 2020).
|To keep up to date with the support available to businesses hit by Covid-19, please keep checking the Coronavirus Advice Hub which gets updated as things change:|
|They would value your views on any issues, concerns or information you may have.|
To share your thoughts and experiences, please contact them: