Coronavirus Business Interruption Loan Scheme (CBILS) - We're Here to Help!
May 4, 2020
Let our team take control
We are now able to submit applications for Coronavirus Business Interruption Loan Scheme (CBILS) with our non-bank lenders. Whether you are applying for your business or you are an accountant / Advisor helping your client, the TML team is here to help you every step of the way.
Key benefits of a CBILS loan through our non-bank lender:
- Nothing to pay for 12 months
- No upfront or early settlement fees
- Borrow at rates between 1.4%-8.9% APR
- Decision typically in 24 - 48 hours
- Terms from 2 to 5 years
- Borrowing can be for any amount between £10,000 - £250,000
Key criteria clients must meet to be eligible:
- UK-based business that’s been adversely affected by coronavirus
- Annual turnover to be less than £45m
- 3 years of trading history
- Over half of turnover from trading activity
- Loan is for business purposes
- Loan primarily for trading in the UK
Find out more today
Our experienced team is on-hand to discuss your situation and requirements. We can also help you assess if this is the most suitable option dependent upon your requirements as there are still many funding options available.
Due to high demand we encourage you to click here to book a call
with one of our experts.
