Coronavirus Large Business Interruption Loan Scheme

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COVID-19 - business continuity - UK.


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.

To be eligible, a business had to:

  1. Be UK-based in its business activity.
  2. Have an annual turnover over £45 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) believed will enable the borrower to trade out of any short-term to medium-term difficulty.

For new borrowings from April 2021 onward, CLBILS was superseded by the Recovery Loan Scheme (RLS).

See also

Resources for COVID-19

ACT technical - COVID-19

UK government: support for businesses