The 6th April 2021 marks the launch of the new government backed Recovery Loan Scheme (RLS). The previous schemes CBILS and Bounce Back Loans are now closed for new application. Many people are asking what the features are of the new government loan scheme. Also how it compares to the previous loan schemes CBILS & … Continue Reading
In this article we are going to discuss CBILS for sole traders, what the eligibility criteria is and how to apply. If you are struggling to access the ‘Coronavirus Business Interruption Loan Scheme’ via your main bank, then you can still apply with one of the other approved lenders. However if you are a sole … Continue Reading
Let’s dive straight in and answer all the most common CBILS FAQ that we get asked. Your business may qualify to apply for a business loan under the scheme, if it meets the criteria. Its also possible to convert a bounce back loan into a cbils loan. This is all covered in the Q&A below. … Continue Reading
Lets look at how to apply for a second or top up CBILS business loan. The government recently announced the extension of the Corona-virus Business Interruption Loan Scheme, the deadline is now 31st January 2021. Last Updated: 17th November 2020 With the deadline extension and continuing restrictions on businesses, your business may need to access … Continue Reading
Are you interested in applying for a CIBLS Loan? You may be referring to the Corona-virus Business Interruption Loan Scheme, which is abbreviated to CBILS (rather than CIBLS). Its not just high street banks that are accredited under the scheme, there are a large number of alternative lenders offering business loans under the scheme. With … Continue Reading
