You are contacting
Jeff Roberts
Partner - Head of Commercial Services
Corporate recovery, restructuring & insolvency
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.
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.
24 March 2020
You are contacting
Partner - Head of Commercial Services