Lincolnshire Chamber of Commerce Coronavirus Business Interruption Loan Scheme
Coronavirus Business Interruption Loan Scheme (CBILS) is now available for SMEs
Coronavirus Business Interruption Loan Scheme (CBILS) is now available for SMEs
CBILS is a new scheme that can provide facilities of up to £5m for SMEs who are experiencing lost or deferred revenues, leading to disruptions to their cashflow.
It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities. This scheme is now live and provided by the British Business Bank through participating providers. All 40+ accredited lenders will be ready to provide CBILS today (23rd March 2020).