[vc_row][vc_column]

Slide 2

Coronavirus Business Interruption Loan Scheme

We are accredited under the Coronavirus Business Interruption Loan Scheme and we are accepting applications

[/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height=”35px”][vc_custom_heading text=”Find out more about the scheme below including information on eligibility and the things required for your application.

” font_container=”tag:h3|text_align:center|color:%2347306b” google_fonts=”font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:500%20bold%20regular%3A500%3Anormal” cms_custom_headding_type=”heading-default-blue” cms_custom_text_headding=”inherit”][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height=”35px”][vc_column_text]

What is the Coronavirus Business Interruption Loan Scheme (CBILS)?

[/vc_column_text][vc_column_text]

The CBILS (Coronavirus Business Interruption Loan Scheme) is an initiative created by the government for small and medium businesses across the UK that have sadly been impacted by Coronavirus. By utilising this scheme, UK businesses can have access to help with cash flow during this period.

This scheme provides lenders like us with a government-backed guarantee that potentially enables lenders to lend to businesses that might not have previously been eligible for a loan, helping those businesses through the Coronavirus.

The scheme also covers the first 12 months of interest payments and fees meaning that smaller businesses can benefit without upfront costs and lower initial repayments, which are a concern to many during this time.

[/vc_column_text][/vc_column][/vc_row][vc_row full_width=”stretch_row” bg_black_row=”” css=”.vc_custom_1581427606843{background-color: #ffffff !important;}”][vc_column width=”1/2″][vc_column_text]

Do you meet the following criteria?

[/vc_column_text][vc_column_text el_class=”wpb_wrapper2″]

[/vc_column_text][vc_empty_space height=”42px”][/vc_column][vc_column width=”1/2″][vc_single_image image=”1664″ img_size=”400×200″][/vc_column][/vc_row][vc_row full_width=”stretch_row” bg_black_row=”” css=”.vc_custom_1581427606843{background-color: #ffffff !important;}”][vc_column width=”1/2″][vc_single_image image=”2732″ img_size=”400×250″][vc_empty_space height=”42px”][/vc_column][vc_column width=”1/2″][vc_column_text]

What do I need?

[/vc_column_text][vc_column_text el_class=”wpb_wrapper2″]

  1. The account name and registered address
  2. Your sort code and account number
  3. All daily transactions
  4. At least 6 months history
  1. Detailed profit and loss
  2. Balance sheet information

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

What happens now?

[/vc_column_text][vc_column_text]

If you feel the Coronavirus Business Interruption Loan Scheme is something that will benefit your business, or you would simply like to know more, send us an email by clicking the button below or using: info@businessfinance-v4b.co.uk.

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_btn title=”Get In Touch” color=”cms-teal” align=”center” link=”url:https%3A%2F%2Fbusinessfinance-v4b.com%2Fcontact%2F|||” el_class=”popmake-contact-form” button_block=”true”][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height=”150px”]

Slide 2

View our other services

[vc_empty_space][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Legal

[/vc_column_text][vc_column_text]The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS). Full details on CBILS eligibility criteria and the list of participating CBILS lenders can be found on the British Business Bankwebsite.

Please note that, as with any other commercial transaction, the borrower is always responsible for the repayment of the full value of any facility supported by CBILS. The government-backed guarantee is to the lender and not the small business. Any queries about an active or historic EFG facility, including guarantee fee collection and alterations to their repayment profile should be raised with the lender, and not the British Business Bank.[/vc_column_text][/vc_column][/vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text]

Sign up to our newsletter

[/vc_column_text]

    [vc_empty_space][/vc_column_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][/vc_column]