The UK Government has introduced the Coronavirus Business and Large Business Interruption Loan Schemes to provide liquidity to businesses suffering temporary cash-flow difficulties due to the COVID-19 pandemic.
The schemes are available to all firms with a turnover up to £500m – including those operating in construction and the built environment – with an 80% government guarantee for credit facilities up to £25m, significantly reducing the risk to lenders and improving the prospect of acceptance.
The purpose of the scheme is to prevent businesses that would otherwise be financially viable from failing due to the temporary economic shock caused by the Coronavirus crisis, enabling them to rebound once life returns to normal.
How we support you
For many businesses, applying for credit of this type is unchartered territory and the prospect can be daunting, but help is at hand. Our consultants are no strangers to assembling compelling business cases that present an attractive proposition to partners taking a funding interest in businesses.
We help you build a robust and measurable business case, that acts as a strong foundation for your CBILS or CLBILS application. We know what prospective lenders are looking for and using tried and tested management models we can quantify the benefits and demonstrate the viability of your business. The aim is to build a solid case around empirical evidence that a lender can buy into.
We do the heavy lifting
We understand that in the current climate many businesses are under-resourced and short on time, so we won’t overwhelm your team or take months to produce results. Using one or two highly experienced consultants we can quickly assess the viability of your business.
A tried and tested process for building compelling business cases
Create financial security and peace of mind