Have you considered applying for a CBIL loan yet?
A Coronavirus Interruption Business Loan (CBIL) is a government backed scheme developed to help any business needing a cashflow boost. Released as part of the Government initiative to support businesses during the Coronavirus pandemic, this loan scheme has been vitally important to help businesses with a multiple of needs.
Some have benefitted from recruiting new employees, others have been able to diversify their product range, some have introduced new services, others have purchased new equipment and many have simply benefited from a much needed cashflow boost.
A CBIL loan is a great business resource. The Government will pay all of the interest for the first year and there is nothing to pay for the first 12 months. You can also borrow anything from £50k up to £1m with ultra-low interest rates from as little as 1.8% APR.
Deemed as one of the best business loans available, you will need to be quick to make an application as the deadline is 31st March 2021. The team here at NGI can help with the application and everything can be agreed in as little as 5 days.
If you would like to apply for a CBIL loan please call us on 01993 706403 or e-mail email@example.com.