Coronavirus Business Interruption Loan Scheme

Coronavirus Business Interruption Loan Scheme’ (CBILS) will temporarily replace the Enterprise Finance Guarantee (EFG) – Time for banks to repay the favour to taxpayers!
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Corona Virus (Covid-19) Business Loan Interruption Scheme London – The Aftersales Network

Supporting Your Business During Coronavirus!

Get the financial help backing you need to help your business cope with coronavirus (COVID-19) through this government-backed scheme. 

This scheme is designed to support UK based small and medium-sized businesses, with a turnover of up to £45 million, with a viable business proposition but are struggling with the challenges of the Covid-19 outbreak.

Loans up to £5 million You can apply for a loan between £50,001 and £5,000,000 from us.


Flexible terms available Spread repayments of your loan up to 6 years.


Interest free period In order to support client cash flow issues, the arrangement fees and the first 12 months interest will be paid by the UK government as a “Business Interruption Payment”.

What Is CBILS?

The Corona Virus Business Loan Interruption Scheme can provide finance of up to £5m for smaller businesses accross the UK experiencing lost or deferred revenues causing disruptions to cashflow.

Finance of up to £5 million

The maximum value of a facility provided under the scheme is £5 million, available on repayment terms of up to six years.

Guarantee to the lender to encourage them to lend

The scheme provides the lender with a government-backed, partial guarantee against the outstanding balance of the finance. The borrower remains 100% liable for the debt.

Government pays interest and fees for 12 months

The Government will make a Business Interruption Payment to cover the first 12 months of interest payments and any lender-levied charges.

Finance terms

For term loans and asset finance facilities: up to six years. For overdrafts and invoice finance facilities: up to three years.


Insufficient security is no longer a condition to access the scheme. For all facilities, including those over £250,000, CBILS can now support lending to smaller businesses even where a lender considers there to be sufficient security, making more smaller businesses eligible to receive the Business Interruption Payment. No personal guarantees for facilities under £250,000. Personal guarantees may still be required, at a lender’s discretion, for facilities above £250,000, but they exclude the Principal Private Residence (PPR) and recoveries under these are capped at a maximum of 20% of the outstanding balance of the CBILS facility after the proceeds of business assets have been applied.

No guarantee fees for businesses

 There are no guarantee fees for SMEs. Lenders pay a fee to access the scheme.

Apply for your Corona Virus Business Loan now…

Please fill in our simple form below and we’ll be in touch as soon as possible…