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Read MoreMonday, March 23, 2020
The British Business Bank today launched the Coronavirus Business Interruption Loan Scheme that had been announced by the Chancellor in the 2020 Budget.
The scheme can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow.
Eligibility Criteria
Smaller businesses from all sector can apply for the full amount of the facility. To be eligible for a facility under the Scheme, an SME must:
For more information about the Scheme and how to apply visit: https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils/
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