Coronavirus Business Interruption Loan Scheme - Urban Exposure

Coronavirus Business Interruption Loan Scheme

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April 6, 2020 | Government Aid Programmes

Coronavirus Business Interruption Loan Scheme

Through the Coronavirus Business Interruption Loan Scheme businesses that have been affected by coronavirus have the option to access loans and overdrafts from banks. In order to give lenders confidence to provide finance to businesses in this current environment, the Government is providing a guarantee of 80% for loans up to £5 million and will not be charging businesses or banks for this guarantee.

We have included links to official guidance below which you may find helpful:

HM Governments Business Support Hub

HM Government | Business Support: Coronavirus Business Interruption Loan Scheme

British Business Bank: Coronavirus Business Interruption Loan Scheme (CBILS) – for SMEs and Advisors