Business Interruption Loans

Businesses across Britain will be able to access business interruption loans of up to £5M

The latest update on Business Interruption loans has been announced by the British Business Bank today.

Businesses with a turnover of less than £45M will be eligible to claim; under the recent guidelines laid out by the British Business Bank.

Further information on eligibility and the Business Interruption loan can be found here – https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils/

In the first instance, we would advise for you to reach out to your bank and ask for more information. Please keep in mind many businesses will be contacting their banks today, please consider using their website and other communication methods to contact them.