Explained: Coronavirus Business Interruption Loans Scheme

Explained: Coronavirus Business Interruption Loans Scheme

How exactly does the Coronavirus Business Interruption Loans Scheme work?

The Coronavirus Business Interruption Loans Scheme (CBILS) provides loans of between ?50,000 and ?5 million to little and moderate sized companies that can not any longer trade or are struggling as a result of the Covid-19 outbreak. CBILS includes loans, asset finance, invoice finance and company banking account overdrafts. Read more