Search results for "FAQs for businesses"

FAQs for Businesses: Coronavirus Large Business Interruption Loan Scheme (CLBILS)

Is this new scheme just expanding CBILS, itself a rebadged Enterprise Finance Guarantee, to cover larger companies? What’s the purpose of the scheme? What are the parameters of the new scheme? What is the timeframe for repayment of a facility under the CLBIL Scheme? What is the total size of funding being offered? Is CLBILS […]

FAQs for Small Businesses: Bounce Back Loan Terms

What is the Bounce Back Loan Scheme? Am I eligible? (updated 09 November 2020) How do I apply? How long is the Scheme open? (updated 01 April 2021) How much can I apply for? (updated 11 November 2020) How long will it take me to get the funds? What products are available under the Bounce […]

Long-term Investment for Technology and Science (LIFTS) – FAQs

LIFTS initiative overview The British Business Bank today announced a call for proposals in preparation for the launch of the Long-term Investment for Technology and Science (LIFTS) initiative. It seeks proposals for the establishment of new funds or investment structures to crowd in institutional investment, particularly from UK Defined Contribution (DC) pension schemes, that can […]

Recovery Loan Scheme for businesses

The Recovery Loan Scheme aims to improve the terms on offer to borrowers. If a lender can offer a commercial facility on better terms, they will do so. How RLS can help you 1. You need finance If your business needs finance, you might want to consider choosing an RLS accredited lender. 2. You approach […]

Recovery Loan Scheme – FAQs

General Questions about the RLS scheme What is the Recovery Loan Scheme (RLS)? What are the key features of RLS? Am I eligible? How do I access an RLS facility? Questions about Scheme terms What products does RLS support? What size of borrowing does RLS support? Can I have another RLS facility if I have […]

FAQs For Companies

All defined terms in this document are set out in the Glossary of Terms document available on the portal. These FAQs are provided for informative purposes. They are not intended to provide advice of any kind (including legal, financial, tax or other professional advice). You should seek professional or specialist advice before doing anything on […]

FAQs for Investors: Future Fund

All defined terms in this document are set out in the Glossary of Terms document available on the portal. These FAQs are provided for informative purposes. They are not intended to provide advice of any kind (including legal, financial, tax or other professional advice). You should seek professional or specialist advice before doing anything on […]

FAQs for SMEs: Coronavirus Business Interruption Loan Scheme (CBILS)

Scheme Features What is the Coronavirus Business Interruption Loan Scheme (CBILS)? What are the key features of CBILS? How do I know if I am eligible to apply? How do I apply? What supporting documents might I need to apply? When can I access the scheme? What types of finance are available and who offers […]

Coronavirus Business Interruption Loan Scheme (CBILS) – for Businesses and Advisors

How can I access the scheme? CBILS is available through the British Business Bank’s 40+ accredited lenders, which are listed on the British Business Bank website here. Note: Not every accredited lender can provide every type of finance listed. In the first instance, businesses should approach their own provider – ideally via the lender’s website. […]

Investment Plan for Europe: £30m for innovative UK businesses

This agreement will enable BBB to guarantee bank loans for innovative companies in the UK over the next two years with the support of a counter-guarantee provided by EIF and backed under Horizon 2020, the EU’s research and innovation programme. The agreement will assist SMEs that would otherwise not have had access to the finance […]