Coronavirus Business Interruption Loan Scheme (CBILS)  

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Loan characteristics – Trading over 2 Years

      • Limited companies only can apply
      • Finance for working capital or growth
      • Business assets considered as security if available
      • Coronavirus Business Interruption Loan Scheme (CBILS) will usually be considered
      • Loan value from £10,000 – £250,000
      • Terms and conditions apply

 

Amount and Term
£10,000 – £100,000 repayable up to 60 months
£100,001 – £250,000 repayable up to 72 months

Security
A fixed & floating debenture taken to typically rank behind existing charge holders.

Personal guarantees required for non- CBILS backed loans

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