imported>Doug Williamson |
imported>Doug Williamson |
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| ''COVID-19 - business continuity - UK.''
| | A digital payment is a payment made electronically. |
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| (CLBILS).
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| The CLBILS was designed to provide UK government guarantees of 80% to enable banks to make loans of up to £200m, offered to medium and large sized firms with a turnover of over £45m per annum that were impacted by COVID-19 and were unable to secure regular commercial financing.
| | == See also == |
| | * [[Emerging Payments Association]] |
| | * [[Interchange]] |
| | * [[Interchange Fee Regulation]] |
| | * [[Pay]] |
| | * [[Payment]] |
| | * [[PSOR]] |
| | * [[Receipt]] |
| | * [[Remittance]] |
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| To be eligible, a business must:
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| #Be UK-based in its business activity.
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| #Have an annual turnover over £45 million.
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| #Be unable to secure regular commercial financing.
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| #Have a borrowing proposal which the lender:
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| ::(a) would consider viable, were it not for the COVID-19 pandemic; and
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| ::(b) believes will enable the borrower to trade out of any short-term to medium-term difficulty.
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| For new borrowings from April 2021 onward, CLBILS is superseded by the Recovery Loan Scheme (RLS).
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| ==See also==
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| * [[Bounce Back Loan Scheme]]
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| *[[British Business Bank]]
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| *[[Business continuity plan]]
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| *[[Contingency plan]]
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| *[[Coronavirus]]
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| *[[Coronavirus Business Interruption Loan Scheme]]
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| *[[Coronavirus Job Retention Scheme]]
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| *[[COVID-19]]
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| *[[COVID-19 Corporate Financing Facility]]
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| *[[Disaster recovery planning]]
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| *[[Financial stability]]
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| *[[Liquidity management]]
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| *[[Stranded middle]]
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| ==Resources for COVID-19==
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| [https://www.treasurers.org/hub/technical/covid19 ACT technical - COVID-19]
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| [https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses]
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| [https://www.gov.uk/coronavirus UK government: COVID-19 support hub]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]] | | [[Category:The_business_context]] |
| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]]
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| [[Category:Cash_management]] | | [[Category:Cash_management]] |
| [[Category:Financial_products_and_markets]] | | [[Category:Financial_products_and_markets]] |
| [[Category:Liquidity_management]] | | [[Category:Liquidity_management]] |
