Coronavirus Business Interruption Loan Scheme applications now open for SMEs
Summary
Monday 23 March 2020 marks the launch of the Coronavirus Business Interruption Loan Scheme (CBILS) to support SMEs across the UK. “The Coronavirus Business Interruption Loan Scheme is a crucial step in getting credit flowing to firms who urgently need it during this difficult period. We recommend using lenders’ websites as it’s expected there will be a large influx of telephone inquiries due to the launch of this scheme and social distancing. British Business Bank has created a useful list of FAQs regarding CBILS, which you may find invaluable in helping you through the application process. If you require additional advice on CBILS or have questions regarding other subject matters, please contact a member of our team today at info@ekwgroup.co.uk