CASE STUDY: Coronavirus Business Interruption Loan Scheme

Coronavirus Business Interruption Loan Scheme

A long standing client of ours decided recently to apply for a CBILS loan, on the advice of their accountant. We obtained £175,000 CBILS loan with the whole process taking just 3 weeks from approval to pay-out, with fixed monthly payments spread over 5 years.

After assessing all CBILS lenders on our panel, we selected a competitive lender that the customer was happy with. BBL of £50K was repaid in full on customers behalf as per government guidelines.