Government support for businesses affected by COVID-19, with flexi-funding.co.uk
To support SMEs, CBILS will provide loans of up to £5 million, with no interest due for the first 12 months. If your business has been impacted by coronavirus, flexi-funding.co.uk will be able to consider your application under CBILS.
Is your business eligible for a loan under CBILS?
Your business may be eligible for a qualifying loan if:
• Your business is UK-based
• Your annual group turnover is no more than £45m
• You have a viable borrowing proposal, unrelated to Covid-19
• Have lost trade or been adversely affected as a result of coronavirus?
The following organisation types are not eligible to apply:
• Banks insurers and reinsurers (but not insurance brokers)
• Public-sector bodies
• Further-education establishments, if they are grant-funded
• State-funded primary and secondary schools
If you meet the qualifying criteria as detailed above, submit and we will be back in touch with you shortly to discuss your needs.