Coronavirus Business Interruption Loan Schemes

These schemes provide lenders with a government backed guarantee on business finance products.

SMES’s can borrow up to £5m, including term loans, overdrafts, invoice finance and asset finance facilities. Read advice on applying for a Business Interruption Loan if you’re a small to medium sized business here.

Smaller businesses from all sectors can apply for the full amount of the facility and must be:

  • UK-based with a turnover of no more than £45m per year
  • Have a proposal which would be considered viable by the lender

The Coronavirus Large Business Interruption Loan Scheme

The Coronavirus Business Interruption Loan scheme was extended to include larger businesses on 16/04/2020.

All firms with a turnover of more than £45 million will now be able to apply for up to £25 million of finance, and up to £200 million for firms with a turnover of more than £250 million.

Read more detail on both schemes here. When you’re ready to apply, use this link.

Download a PDF copy of the Business Interruption Loan Scheme guide here.

Page updated 10/03/2021

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