CBILS part 1: what we’ve learned from our first successful application

TTC’s Adam Pennyfather discusses his key takeaways from working through a loan application under the Coronavirus Business Interruption Loan Scheme (CBILS).

31 Mar, 2020 Updated 09 Sep, 2021
Finance

UPDATE – The government has now announced an extension to the CBILS deadline. Businesses wishing to apply have until 31 January 2021.

TTC’s Adam Pennyfather discusses his key takeaways from working through a loan application under the Coronavirus Business Interruption Loan Scheme (CBILS).
These include:
– the company and personal information requested
– when security is likely to be required
– the loan terms offered.

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Covid-19, Finance