Coronavirus Business Interruption Loan Scheme is open

The government have updated their guidance in relation to the scheme which can be viewed at https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses#support-for-businesses-through-the-coronavirus-business-interruption-loan-scheme

You are eligible for the scheme if:

  • your business is UK based, with turnover of no more than £45 million per year
  • your business meets the other British Business Bank eligibility criteria

To apply, you should talk to your bank or one of the 40 accredited finance providers available to view at https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils/accredited-lenders/

Leave a Reply

Your email address will not be published. Required fields are marked *