What is a CBILS Loan?
CBILS is the Coronavirus Business Interruption Loan Scheme, an initiative set-up by the Government to help the SME sector, across the UK, who need some additional support as result of COVID-19. This animated video provides a bit more information on what it is and who it can help.
read moreNGI, Funding Circle and CBILS
Last week Funding Circle announced that having been accredited as a lending partner of the British Business Bank for Coronavirus Business Interruption Loan Scheme (CBILS) they were now ready to accept applications from a restricted number of their
read moreWhat can you do if the bank does not agree your CBILS application?
SMEs 33% more likely to have CBILS success via an intermediaryA recent NACFB broker survey has revealed that a UK SME is 33% more likely to successfully receive critical CBILS funding via an intermediary than approaching a lender directly. The survey also found that 51% of SME funding enquiries to brokers were currently in relation to…
read moreCoronavirus update
With the impact of coronavirus being felt by businesses across the UK, we know that many of you are concerned about how your business will be affected.We just wanted to update you that NGI continues to liaise with all the banks to understand their requirements, current position and timescales for Coronavirus Business Interruption Scheme (CBILS).Feel…
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