- Corporate recovery, restructuring & insolvency
- Financial services
Shorter Reads
The Government has announced the Coronavirus Business Interruption Loan Scheme, CBILS, will make loans available to qualifying businesses across the UK who are experiencing a loss in revenue as a result of coronavirus.
1 minute read
Published 24 March 2020
CBILS is now available through participating lenders and will initially run for six months.
The types of finance available will depend on the lender but will include:
Businesses are eligible for CBILS if they are:
It is worth remembering that however favourable the terms these are still loans, and they do need to be repaid. It is therefore prudent to discuss options with our Corporate recovery & restructuring team prior to taking action.
Related content
Shorter Reads
The Government has announced the Coronavirus Business Interruption Loan Scheme, CBILS, will make loans available to qualifying businesses across the UK who are experiencing a loss in revenue as a result of coronavirus.
Published 24 March 2020
CBILS is now available through participating lenders and will initially run for six months.
The types of finance available will depend on the lender but will include:
Businesses are eligible for CBILS if they are:
It is worth remembering that however favourable the terms these are still loans, and they do need to be repaid. It is therefore prudent to discuss options with our Corporate recovery & restructuring team prior to taking action.
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