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Use of CBILS Funds
In this latest animated video we answer the common question "what can I use the Coronavirus Business Interruption Loan Scheme for?"
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What is a CBILS Loan?
CBILS is the Coronavirus Business Interruption Loan Scheme, an initiative set-up by the Government to help the SME sector, across the UK, who need some additional support as result of COVID-19. This animated video provides a bit more information on what it is and who it can help.
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NGI, Funding Circle and CBILS
Last week Funding Circle announced that having been accredited as a lending partner of the British Business Bank for Coronavirus Business Interruption Loan Scheme (CBILS) they were now ready to accept applications from a restricted number of their
read moreWhat can you do if the bank does not agree your CBILS application?
SMEs 33% more likely to have CBILS success via an intermediaryA recent NACFB broker survey has revealed that a UK SME is 33% more likely to successfully receive critical CBILS funding via an intermediary than approaching a lender directly. The survey also found that 51% of SME funding enquiries to brokers were currently in relation to…
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