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Corona-virus Business Interruption Loan Scheme (CBILS) & Bounce Back Loan Scheme


Government- backed initiatives launched to support the UK’s small- to- medium businesses with financial support throughout this difficult trading period.


Now is the time to apply for Government financial support. 

 
 
 
 

 

 

You’ll likely have heard of the recently launched Corona-virus Business Interruption Loan Scheme, otherwise known as CBILS, and also the Bounce Back Loan Scheme.

Both schemes come with their own unique qualifiying criteria, which we have outlined and summarised for you below. 

With the majority of the high street banks taking several weeks to turn around applications, we are offering to package your application and submit to the most suitable funding provider, completely free of charge and with absolutely no obligation to proceed, should the application be successful. 


For full transparency, we may receive a fee from the funding provider should you wish to go ahead with a CBILS loan only. We are happy to disclose the fee we receive upon request. We will not charge or receive a fee for any support or advice we provide in regards to the Bounce Back Loan Scheme - we are offering our services without commercial gain. 

Use our experience to secure your funding today.


What Exactly is CBILS?


CBILS provides financial support to smaller businesses across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.

Key Benefits and Features:

  • Available as a cash loan, for new asset purchases or for refinancing existing assets
  • Any arrangements fees and the first 12 months interest will be paid by the Government as a “Business Interruption Payment”. This means that you pay only capital repayment in the first 12 months. 
  • No early repayment penalty – you can repay the loan at any time with no fee.
  • No security required. The Government have stipulated that no personal guarantees or other forms are required for any amount £250,000 or under.
  • Borrow between £25,000 - £5million
  • Terms of 1-6 years

 Click here to download our CBILS Information Document.

 

 

What Exactly is the Bounce Back Loan Scheme?


Similar to CBILS, the Bounce Back Loan Scheme provides financial support to smaller businesses across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.

Key Benefits and Features:

  • Available as a cash loan only
  • Any arrangements fees and the first 12 months interest will be paid by the Government as a “Business Interruption Payment”. This means that you pay only capital repayment in the first 12 months
  • No early repayment penalty – you can repay the loan at any time with no fee.
  • No security required. The Government have stipulated that no personal guarantees or other forms are required
  • Borrow between £2,000 - £50,000
  • Amount borrowed determined by your 2019 turnover (capped at 25% of turnover)
  • Interest rates fixed at 2.5% per annum, across all loan providers
  • Terms of 1-6 years

 

It is important to remember that, with both loan schemes, you remain liable for 100% of the debt. This is not a grant. 

 

How To Apply?


Simply submit your details through our Enquiry Form and an Account Director will be in contact within 4 working hours to discuss your application in further detail.

Alternatively, email us using the email address below and we will be in contact with you right away to talk through your requirements. 

Info@FullMetalFinance.com


 

Make An Enquiry

 
 

Corona-virus Business Interruption Loan Scheme (CBILS)


CBILS has been launched to support the UK’s small- to- medium businesses with financial support throughout this difficult trading period.
Now is the time to apply for Government financial support. 

 
 
 

You’ll likely have heard of the recently launched Corona-virus Business Interruption Loan Scheme, otherwise known as CBILS.
 

With the majority of the high street banks taking several weeks to turn around applications, we are offering to package your application and submit to the most suitable funding provider, completely free of charge and with absolutely no obligation to proceed, should the application be successful. 

For full transparency, we may receive a fee from the funding provider should you wish to go ahead. We are happy to disclose the fee we receive upon request.

Use our experience to secure your funding today.


What Exactly is CBILS?


CBILS provides financial support to smaller businesses across the UK that are losing revenue, and seeing their cashflow disrupted, as a result of the COVID-19 outbreak.

Key Benefits and Features:

Available as a cash loan, for new asset purchases or for refinancing existing assets

Any arrangements fees and the first 12 months interest will be paid by the Government as a “Business Interruption Payment”. This means that you pay only capital repayment in the first 12 months. 

No early repayment penalty – you can repay the loan at any time with no fee.

No security required. The Government have stipulated that no personal guarantees or other forms are required for any amount £250,000 or under.

Borrow between £25,000 - £5million

Terms of 1-6 years

 Click here to download our CBILS Information Document.


How To Apply?


Simply submit your details through our Enquiry Form and an Account Director will be in contact within 4 working hours to discuss your application in further detail.

Alternatively, email our Managing Director for further information:

Sean@FullMetalFinance.com

07544 320 585

Make An Enquiry