The Coronavirus Business 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 and Industrial Strategy.
The scheme provides lenders with a government-backed guarantee, potentially enabling a ‘no’ credit decision from a lender to become a ‘yes’. SMEs from all sectors can apply for the full amount of the facility.
The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the
AskIf is offering CBILS loans from £50,000 – £100,000 to UK businesses that have been trading for 12 months.
The deadline for CBILS applications is March 31st. We want to help small businesses who need it most to survive and thrive during this challenging period and into the future.
Apply today and one of our friendly lending managers will be in touch to discuss your options.
How We Help You
AskIf is able to lend between £50k-£100k to SMEs that have felt the financial impact of COVID-19.
The AskIf process is designed to help businesses in need of financial support who are unable to secure finance from mainstream banks and other lenders.
Our lending manager will support you through the applications process and talk through your needs.
As the deadline draws closer we will aim to get approval to you as soon as possible.
Can Your Business Apply?
To be eligible for a CBILS loan from AskIf your business must…
Businesses We’ve Helped
The British Business Bank and The Institute of Chartered Accountants in England and Wales (ICAEW) have created new content to help businesses that are facing financial and operational challenges as a result of the coronavirus outbreak. You can view this regularly updated guidance at the Business Finance Guide website.