The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to businesses (SMEs) across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of COVID-19 outbreak.
Interest rates in respect of borrowing facilities are individually negotiated and the amount you are charged will depend on your circumstances - speak to your relationship manager for more details.
Normal lending assessment applies. Security may be required, and fees may be applicable, although facility arrangement fees will not be charged. Full terms and conditions are available on request.
If you’re worried about your finances, please call us on 0800 756 0800 or contact your relationship manager. You can also contact the following organisations for free advice and there is further information in the UK Finance leaflet on Dealing With Debt.
In addition, the British Business Bank has a range of guidance and resources available to all businesses, including content on managing your cashflow and a list of independent advice services.
If you need to speak to us about your existing CBILS loan, please call us on 0800 756 0800 or contact your relationship manager
Frequently asked questions
We understand you might be worried about the financial impact of coronavirus on your business and we’re here to help.
The British Business Bank has addressed frequently asked questions here.
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 www.british-business-bank.co.uk/CBILS