Last updated: October 21, 2020

CBIL Extension - beat the rush and get a faster decision

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You now have until 30 November to apply for a Coronavirus Business Interruption Loan Scheme (CBILS).

But it's still worth starting an application early to keep your options open, beat the rush and get a faster decision!

 

What's the benefit of having a CBILS loan?

With a CBILS loan you can:

  • Borrow more than a Bounce Back loan (up to £250,000)
  • Access funds with no interest or repayments for a year
  • Refinance or consolidate existing debt to save on interest
  • Boost your cashflow if your reserves are running low

 

"Sounds great, how do I get one?"

We offer a free, no-obligation funding review through our FCA-regulated partner.

It’s designed to be hassle-free for our clients, as our funding specialists pick up the paperwork and we can guide you through the process.

 

Get in touch 

If you're interested in taking out a CBILS loan, give us a call today on (0121) 667 3882 or email us at hello@informaccounting.co.uk to find out how we can help.

You can get the full details of the new Winter Economy Plan here, which includes more time to pay back Bounce Back and CBILS loans.

 

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