Coronavirus Large Business Interruption Loan Scheme

COVID-19 - business continuity - UK.

(CLBILS).

The CLBILS is designed to provide UK government guarantees of 80% to enable banks to make loans of up to £25m, offered to firms with a turnover of between £45m and £500m per annum that have been impacted by COVID-19 who are unable to secure regular commercial financing.

To be eligible, a business must:

1. Be UK-based in its business activity
2. Have an annual turnover between £45 million and £500 million
3. Be unable to secure regular commercial financing
4. Have a borrowing proposal which the lender:

(a) would consider viable, were it not for the COVID-19 pandemic; and

(b) believes will enable the borrower to trade out of any short-term to medium-term difficulty.

See also

• British Business Bank
• Business continuity plan
• Contingency plan
• COPD
• Coronavirus
• Coronavirus Business Interruption Loan Scheme
• Coronavirus Job Retention Scheme
• COVID-19
• COVID-19 Corporate Financing Facility
• Disaster recovery planning
• Financial stability
• Liquidity management
• Stranded middle
• WFH

Resources for COVID-19

ACT technical - COVID-19

UK government: support for businesses

UK government: COVID-19 support hub