CBILS – Can we help?

Gain the financial backing you need to help your business cope with the Covid-19 outbreak, through this government-backed scheme.*

Over recent weeks, we have had the opportunity to assist several of our existing customers in raising funds under the Government backed CBILS scheme (Coronavirus Business Interruption Loan Scheme). Under this scheme there are a range of funders that we are working closely with, in order to provide the access to funding that can help keep a business moving through this difficult period.

The scheme is designed to provide financial support to SMEs that have suffered a loss of revenue because of Coronavirus, which has led to their cashflow being impacted. As Azule have access to many CBILS providers, we may be able to access the support that you could possibly require.

There are several options that a CBILS facility can be used for including a cash injection, as well as providing funds for financing assets for the business, along with refinancing existing assets. Some funders also offer flexible options, such as no repayments for the first 12 months of the agreement. In some instances, the CBILS facility has been approved within 24 hours to help enable customers to continue with planning for the future.

If you feel that this is something that you would like further information on, or should you wish to discuss in more detail, please do not hesitate to contact us on 01753-580500 or via email at sales@azule.co.uk

For more information please visit the British Business Bank

*Subject to certain separate terms and conditions and eligibility criteria specified by the Department for Business, Innovation and Skills.

By |2020-08-03T19:36:52+00:00July 29th, 2020|Categories: In the Press|Tags: , |