Coronavirus Business Interruption Loan Scheme (CBILS)

CBILS is a new scheme that can provide facilities for a range of Business Finance products to smaller businesses across the UK who are experiencing lost or deferred revenues, and seeing their cash flow disrupted as a result of the COVID-19 outbreak.  Aldermore is accredited with the British Business Bank to offer the scheme with the Asset Finance and Invoice Finance variants.

Asset Finance
 

Aldermore is accredited for the Asset Finance variant of the CBILS and able to support SMEs via our broker partners.

To find out more about the Asset Finance scheme visit our dedicated page.  



Invoice Finance
 

Aldermore is accredited for the Invoice Finance variant of the CBILS and able to support existing and new clients. There are two possible bolt-on products available to an SME in conjunction with an Invoice Finance facility, offering either a top up facility on prepayment or a term loan.

To find out more about the Invoice Finance scheme visit our dedicated page.   

 

British Business Bank

The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS).

British Business Bank plc is wholly owned by HM Government and is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA).

Full details on CBILS eligibility criteria and the list of participating CBILS lenders can be found on the British Business Bank website here.