Coronavirus Business Interruption Loan Scheme (CBILS)
CBILS aims to financially assist small businesses which have been affected by the pandemic to access loans of up to £5 million.
The government guarantees 80% of the funding to the lender and pays interest and fees for the first 12 months.
Eligibility
For any requests the company must complete the requirements below:
Businesses in all sectors can be granted the loan, except: banks, insurers, public sector organizations and state-funded schools.
If you wish to borrow £30,000 or more, you must certify that the company was not classified as distressed at December 31, 2019.
Applications are open until January 31, 2021.
Term of the loan
How do I apply?
50 lenders are participating in the program, simply apply to their department and mention:
Euro Accounting
Shabir Djakiodine
Chartered Accountant
France – UK – Ireland – Switzerland
Company incorporation, domiciliation, accountancy, tax, VAT, payroll, consolidation,
management account
+44(0) 778 986 2405 – +33(0) 7 56 91 93 32