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Home / COVID-19 / New Coronavirus Large Business Interruption Loan Scheme (CLBILS)
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Home / COVID-19 / New Coronavirus Large Business Interruption Loan Scheme (CLBILS)

New Coronavirus Large Business Interruption Loan Scheme (CLBILS)

The new CLBILS will ensure that more firms are able to benefit from government-backed support during this difficult time. It will provide a government guarantee of 80% to enable banks to make loans of up to £25 million to firms with an annual turnover of between £45 million and £500 million.Loans backed by a guarantee under CLBILS will be offered at commercial rates of interest and further details of the scheme will be announced later this month.

Please find initial details here: https://bit.ly/NewCLBIL

Last updated 08:57 on 15 October 2020

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