A Government business loan is a funding solution to help all types of businesses. It could be for business expansion, business growth, introducing new products and services or even for property development projects. The popular Government backed COVID business loans of BBLS, CBILS and CLBILS finished on 31st March 2021 and were replaced by 1…
read moreThere have been many questions around what the comparisons are between the old CBILS (Coronavirus Business Interruption Loan Scheme) and its replacement the RLS (Recovery Loan Scheme). CBILS was introduced by the Government during the COVID pandemic and had been supporting businesses with all their funding needs up until 31st March 2021. It was replaced…
read moreAt the end of March, the Business Bounce Back Loan Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS) and Coronavirus Large Business Interruption Loan Scheme (CLBILS) all came to an end. The 3 Government loan schemes were created to support all businesses during the Coronavirus pandemic and have delivered over £76.3 billion of funding. However,…
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