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Busby Finance provides access to the British Business Bank’s Coronavirus Business Interruption Loan Scheme, supporting customers in need of immediate financial support during this time of crisis. With over 70 trusted finance providers on our panel and numerous CBILS accredited lenders across the UK, we can help whether you are looking for CBILS, Asset Finance, Commercial Loans or Vehicle Finance.

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Why Choose CBILS?

  • Low monthly payments
  • No personal guarantees for facilities under £250k
  • First 12 months interest is paid by the government
  • 2-6 year agreements available
  • No initial facility fee
  • CBILS available for both loan and asset finance

What is CBILS?

CBILS is a government scheme that was announced by the Chancellor at the Budget 2020 and is providing finance for small to medium sized businesses that have been disrupted by the COVID-19 outbreak.

Who is it for?

  • To be eligible, your business must:
  • Have been viable before the coronavirus outbreak
  • Be able to self-certify that they have been negatively impacted by the coronavirus
  • Have an annual turnover of no more than £45 million
  • Be UK based in their business activity

How do I Apply?

If your business has been struggling due to the coronavirus crisis, we can help you source funding with one of our panel of CBILS accredited lenders.

A full outline of the scheme can be found on the British Business Bank website and FAQ’s for customers.