Coronavirus Business Interruption Loan Scheme (CBILS)
The Coronavirus Business Interruption Loan Scheme is now closed to new applications.
Coronavirus Business Interruption Loan Scheme (CBILS)
The Coronavirus Business Interruption Loan Scheme is now closed to new applications.
Security may be required. Over 18s only. Subject to status. Business use only. Any property or asset used as a security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it. Fishery, aquaculture and agriculture businesses may not qualify for the full interest and fee payment.
You're a UK-based business;
Your annual group turnover is no more than £45m;
You can certify that your business has been impacted by coronavirus;
You can show evidence of affordability for lending prior to coronavirus.
You’re a bank, insurer, reinsurer (but not insurance brokers), public sector body, state funded primary or secondary school.
Your business is subject to collections or collective insolvency proceedings.
Your business already has (or is in the process of applying for) a Bounce Back Loan unless that loan is repaid as part of your CBILS application.
Managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy.
British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA.
Visit british-business-bank.co.uk.
Taking small steps could help your business become more sustainable. We’ve got the expertise that could help you with your climate goals.
An arranged overdraft is a flexible, short-term safety net. Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only.
See our range of loans and finance options. From flexible everyday lending to innovative, alternative funding solutions. We could help you move your business forwards.