The Coronavirus Business Interruption Loan Scheme (CBILS) was designed to support UK businesses that were losing revenue and saw cashflow disrupted as a result of the COVID-19 outbreak. JCB Finance Ltd is an accredited Lender of The British Business Bank to provide CBILS - backed Hire Purchase facilities but the scheme is now closed for new applications.
Key features were;
Businesses could apply if;
Businesses could not apply if;
The Coronavirus Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit british-business-bank.co.uk.
The Coronavirus Business Interruption Loan Scheme is now closed to new applications.