We secure you preferential rates from over 60 handpicked partners.
We are FCA regulated, so you know you’re in good hands.
Give us a call today
01277 239943
The Coronavirus Business Interruption Loan Scheme
The
Coronavirus
Business
Interruption
Loan Scheme
We can help ensure your business is at the front of the queue.
We can help ensure your business
is at the front of the queue.
Introduction to the scheme
We are honoured to announce that via our panel of funding partners, Clear Asset Finance is an approved broker with full access to The Government Backed Coronavirus Business Interruption Loan Scheme, otherwise known as CBILS. Our task is to ensure your business’s capital stays healthy during these uncertain times. We are well placed to talk you through the CBILS criteria and submit formal applications for credit.
Your business can: secure new financial support, consolidate existing borrowing, secure better terms on existing agreements & release capital from unencumbered assets. Also don’t forget, if you’ve already received a CBILS loan there is nothing stopping you from applying for another.
Think of the difference being connected to the ‘right’ funding at the ‘right’ time will make to your business. Don’t miss out, apply online today. We are focused 100% on ensuring our customers get the right funding for their business quickly and on terms that will not only help them through the existing period but expand and grow in the future.
The CBILS scheme explained
12 Months Interest Free
For the first 12 months any interest and arrangement fees will be paid for by the government. No security or personal guarantees are required for any lend up to £250,000. However you'll still be responsible for repaying 100% of the CBILS facility.
Applying
To submit an application we require the following:
- Latest six months business bank statements.
- Latest full year end accounts.
Normally we can have funding with you within 24 hours, however due to the popularity of the scheme application times can vary.
Criteria
Who is eligible? Any UK based SME business with a turnover of up to £45 million who can demonstrate they have been impacted by the recent COVID-19 pandemic. Furthermore, any application will only be viable if pre covid-19 their business was considered creditworthy.
The Small Print
What you might not know is even though this is a government backed scheme the rates you get will still vary depending on the lender. At Clear Asset Finance we can help you identify the right funding for your business.
We have helped over 15,000 businesses across the UK with our personalised finance packages.
What our customers say about us
Click read more on each quote to see how we support our clients
I’d sometimes wait up to 30 days for payment, now Clear get me 90% of my income upfront
Amazing communication, amazing knowledge and amazing rates, that’s Clear
Our business growth, in such a short space of time, simply wouldn’t have been possible without Clear
Clear were amazing helping to get my venture off the ground.
I know where I stand, when our finances are in place. Clear.It’s all in the name
