CBLIS

CBILS

The Coronavirus Business
Interruption Loan Scheme

  • For new and existing customers
  • Refinance your debt from another lender
  • Get a 12 month capital repayment holiday

What is CBILS?

Lenders are utilising the Coronavirus Business Interruption Loan Scheme (CBILS) to help UK-based SMEs access finance during this time.

We are an accredited broker offering CBILS mortgages to Trading Businesses that would like refinance premises or purchase new property using facilities of up to £5m.

This is especially good news for SMEs that have experienced lost or deferred revenues and may even be closed at the moment, leading to disruptions in cash flow.

Wayne Smethurst

Can my business get a CBILS loan?

If your business fits the following criteria, we should be able to start an application on your behalf.

Your business must:

  • Be UK-based in its business activity
  • Be an SME with an annual turnover of no more than £45 million
  • Have a borrowing proposal which the lender would consider viable subject to the facility helping with short and medium term cash flow difficulties
  • Self-certify that it has been adversely impacted by COVID-19
  • Provide suitable security for a secured loan in line with the usual commercial lending policies
  • Generate more than 50% of its turnover from trading activity
  • Not have been classed as a “business in difficulty” on 31 December 2019 and must not be subject to any current collections or insolvency proceedings
  • We’ll accept applications purchase of new premises
  • Repayment terms up to 25 years

You won’t be able to apply if you are:

  • A bank, building society, insurer or reinsurer (but insurance brokers can apply)
  • A public-sector body.

Key Facts

Secured businesses loans
from £100,000 to £5m.

First 12 months are interest-free
and fee-free.

Repayment terms
up to six years.

We’ll consider refinancing debt from another lender if it improves your cash flow.

No personal guarantee
required below £250,000.

We’ll accept applications from new and existing customers.

How do I apply?

Ready to apply?
Chat with us at AMM and see if a CBILS loan is right for your business.
They’ll make an application for you and we’ll keep you informed every step of the way.

The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS).


Full details on CBILS eligibility criteria and the list of participating CBILS lenders can be found on the British Business Bank website at: www.british-business-bank.co.uk/CBILS

The Financial Conduct Authority does not regulate Coronavirus Interruption Loan Scheme products