Coronavirus Business Interruption Loan Scheme (CBILS)

The CBILS application deadline is 31 March 2021. The current Coronavirus Business Interruption Loan Scheme (CBILS) can provide working capital for smaller businesses in the UK who are experiencing loss or deferred revenues due to Coronavirus. The Government covers the first 12 months of interest payments and any upfront fees. Under the scheme, Braemar Finance can provide access to asset finance facilities or business loans, helping you to support business cash flow by managing expenses such as: • New equipment purchases • Practice refurbishments • Business tax payments • General cash flow purposes • Buy-ins/Buy-outs • Acquisitions For more details about the scheme, please speak to one of our team members via the chat function or visit the dedicated CBILS section on our website www.braemarfinance.co.uk/CBILS or alternatively you can also visit the British Business Bank website at www.british-business-bank.co.uk. Managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit british-business-bank.co.uk.