imported>Doug Williamson |
imported>Doug Williamson |
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| ''Business continuity - pandemic - UK.'' | | Corporate strategy is the overall scope and direction of an organisation, and the way in which its different operations collaborate to achieve the organisation's higher-level goals. |
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| (CBILS).
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| The CBILS will be provided by the UK government owned British Business Bank through participating providers.
| | == See also == |
| | | * [[Ancillary business]] |
| It will offer more attractive terms for both businesses applying for new facilities and lenders, with the aim of supporting the continued provision of finance to UK businesses during the Covid-19 outbreak.
| | * [[Business model]] |
| | | * [[Process strategy]] |
| The CBILS provides the lender with a UK government-backed guarantee against the outstanding facility balance, potentially enabling a ‘no’ credit decision from a lender to become a ‘yes’.
| | * [[Strategic analysis]] |
| | | * [[Structural]] |
| The UK government will also cover the first 12 months of interest payments, so businesses will benefit from lower initial repayments. The business remains liable for repayments of the capital.
| | * [[Structural risk]] |
| | | * [[Value chain analysis]] |
| The maximum value of a facility provided under the scheme will be £5 million.
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| CBILS SUPPORTS A WIDE RANGE OF BUSINESS FINANCE PRODUCTS, INCLUDING:
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| *Term facilities
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| *Overdrafts
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| *Invoice finance facilities
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| *Asset finance facilities
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| TO BE ELIGIBLE FOR SUPPORT VIA CBILS, THE SMALL BUSINESS MUST:
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| *Be UK based, with annual turnover of no more than £45 million.
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| *Operate within an eligible industrial sector.
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| *Be unable to meet a lender’s normal lending requirements for a fully commercial loan or other facility, but would be considered viable in the longer-term.
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| ==See also== | |
| *[[British Business Bank]] | |
| *[[Business continuity plan]] | |
| *[[Contingency plan]]
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| *[[COPD]]
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| *[[Coronavirus]]
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| *[[Coronavirus Job Retention Scheme]] | |
| *[[COVID-19]] | |
| *[[COVID-19 Corporate Financing Facility]] | |
| *[[Disaster recovery planning]] | |
| *[[Financial stability]] | |
| *[[Liquidity management]]
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| *[[WFH]]
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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:The_business_context]] | | [[Category:The_business_context]] |