Specialist

Business Interruption Loan Broker

Funding Solutions For Business Owners

How much do you want to borrow?

 

Business Interruption Loan

Clifton private finance

Flexible Finance To Help Businesses Manage Working Capital & Cashflow  

Business loan broker service:

Our service offers:

  • Funding from £25,000
  • Term up to 6 years
  • Up to £250,000 with no personal guarantee
  • Must be limited company
  • Must have 1 years trading history
  • Bypass slow high street banks
  • We also have access to short term products up to 24 months for s up to £10m secured on residential, commercial and semi-commercial property
We pride ourselves on providing excellent service that is responsive to your needs.
Call us on 0203 880 8890 to discuss your requirements.
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Business Interruption Loan Service

What is the Business Interruption scheme?

The Coronavirus Business Interruption Loan Scheme (CBILS) supported small and medium-sized businesses, with an annual turnover of up to £45 million, to access loans, overdrafts, invoice finance and asset finance of up to £5 million for up to 6 years during the Covid crisis.
 
The government scheme has changed over the years and has been adapted to meet current UK owner business needs.
 

Check Eligibility

 
The scheme is delivered through commercial lenders, backed by the government-owned British Business Bank.

British Business Bank operates CBILS via its accredited lenders.

There are over 40 of these lenders currently working to provide finance.

They include:

• high-street banks
• challenger banks
• asset-based lenders
• smaller specialist local lenders
 
A lender can provide up to £5 million in the form of:
• term loans
• overdrafts
• invoice finance
• asset finance
 
Under the old CBILS scheme which no longer operates businesses could access loans from lenders who were given a government-backed guarantee for the loan repayments to encourage more lending. The borrower remains fully liable for the debt.
 
Under the old scheme, personal guarantees of any form will not be taken for facilities below £250,000.
For facilities above £250,000, personal guarantees may still be required, at a lender’s discretion, but:
 
• recoveries under these are capped at a maximum of 20% of the outstanding balance of the CBILS facility after the proceeds of business assets have been applied.
• a Principal Private Residence (PPR) cannot be taken as security to support a personal guarantee or as security for a CBILS-backed facility. 

Loans that don't qualify for the business interruption scheme

Through our partners we have connections with over 500 lenders so if the Government scheme cannot help you there may be other options for you.

Next Steps

Contact our team on

Check Eligibility

Call us on 0203 880 8890 to discuss your requirements or use our online chat or complete our enquiry form.
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Get in Touch

If you have any questions about our services or want to start making things happen please contact us