Coronavirus Business Interruption Loan Scheme (CBILS)

The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses (SMEs) across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak. The scheme is managed by the British Business Bank on behalf of, and with the financial backing of, The Secretary of State for Business, Energy & Industrial Strategy.

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Availability

The CBILS is available to Sole Traders, Partnerships, Unincorporated entities, Ltd’s & Plc’s - Business users only. The requested loan amount should not exceed 25% of the total turnover in 2019.

Exclusions

The CBILS is not available to businesses in distress before COVID-19. No private individuals, Formal Education, Financial Services (banks, building societies), Public Sector, Trade Unions, Professional, Religious/Political organisations or businesses with a turnover exceeding £45m. No finance to support export related activities or operations outside of the UK.

Contact Us

‍Please contact Stoke Park Finance for further information and loan pricing.