Government Backed Business Funding during Coronavirus
Get a CBILS loan with nothing to pay for 12 months, instant decisions available. No start ups. Minimum 3 Years + trading & £200K + turnover
Get Accepted today:
Borrow between £25,000 - £5million
No fees charged
5* Rated on Google Reviews
Instant decisions under £100,000
What is CBILS - Coronavirus Business Interuption Loan Scheme?
The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses (SMEs) across the UK that have been affected by the COVID-19 outbreak.
The scheme benefits from an array of features such as, no repayments for the first 12 months, the government pay all fees and the first 12 months of interest with terms up to 6 years. This means in the first year, you don't pay anything! With access to a large number of CBILS providers, we can offer everything from a CBILS Loan, to CBILS Asset Finance, Refinance and Invoice Finance.
Benefits of CBILS
Borrow up to 25% of your turnover from £50K to £5million
No personal gaurantees required up to £250,000 (per lender)
Pay nothing for the first 12 months
Government pay all fees
Terms up to 6 years
Easy application process and instant decisions available
Get approved today for loans, asset finance, refinance and invoice finance
Am I eligible for a CBILS loan?
UK Based business that's been affected by the Covid-19 outbreak.
Turnover in excess of £200,000
Minimum 3 years trading (2 sets of filed accounts)
Over 50% of turnover from trading activity (i.e. not from investments or inter company trading)
Loan is primarily for trading in the UK
Eligibility varies from lender to lender and we suggest calling one of our dedicated CBILS specialists on 01908 039 818. The following criteria however applies as a minimum: