Coronavirus Business Interruption Loan
The Coronavirus Business Interruption Loan Scheme (“CBILS”) can provide working capital for smaller businesses in the UK who are experiencing lost or deferred revenues due to coronavirus.
CBILS is a government-backed scheme provided by the British Business Bank with the aim of supporting the continued provision of finance to UK businesses. With a CBILS loan, you could borrow up to £5m of additional funding on top of your invoice finance facility.
Is my business eligible?
To be eligible for support via a CBILS facility, a business must:
How can I access CBILS through Close Brothers?
If you are an existing Close Brothers Invoice Finance customer, please contact your account manager who will be able to inform you about the application process.
If you are a new customer interested in applying for both an invoice finance and CBILS facility, please call 08081499318 to speak to one of our funding specialists.
Full details on CBILS eligibility criteria and the list of participating CBILS lenders can be found on the British Business Bank website at: www.british-business-bank.co.uk/CBILS