Coronavirus Business Interruption Loan Scheme with Cornerstone Finance Group
Cornerstone Finance Group - Coronavirus Business Interruption Loan Scheme
Banks and other finance providers recognise that the cash flow of small and medium sized businesses may be disrupted by the impact of Covid-19. The banking and finance industry is committed to supporting viable businesses in continuing to trade through these uncertain times. Banks and lenders remain open for business and are well placed to assist all businesses, including sole traders and SMEs, looking for support.
• Flexible Business Funding
• Terms form 3 month – 5 years
• Borrow from 5K - £2 Million
• Daily, monthly, flat free interest
• Quick Decisions
• Fast Funding
The Coronavirus Business Interruption Loan Scheme was announced by the chancellor on 11 March and has since been developed and extended to businesses with a turnover of up to £45million. The scheme has been designed to help businesses manage their finances given the unprecedented situation many are currently facing. It aims to support those SME businesses that were trading successfully before Covid-19 but which may now experience lost or deferred revenues, or disruptions to their cash flow as a result of the current disruption and those businesses whose growth requirements cannot supported under normal bank lending criteria. – Cornerstone Commercial Finance
Check out the following link for FAQ’s of the Coronavirus Business Interruption Loan Scheme. - https://cornerstonecommercialfinance.co.uk/coronavirus-business-interruption-scheme/cbils-faqs/
Visit the Cornerstone Finance Group website for more details or give them a call to discuss your options with an advisor.
029 2166 0550