• Decisions typically
    within 24 hours

  • Multiple CBILS
    accredited funders

  • No personal guarantees for finance under £250k

  • No repayments for
    the first 12 months

  • Terms up to 6 years
    with no ERC or fees

Coronavirus Business Interruption Loan (CBILS) backed asset finance

CBILS backed asset finance

Are you looking for asset finance, but your business has been negatively impacted by COVID-19?

The Coronavirus Business Interruption Loan Scheme (CBILS) can provide your business with access to funding ,for asset finance, that your business would otherwise have been eligible for had it not been for the COVID-19 outbreak.

If your business has been adversely impacted by the COVID-19 pandemic, then The Funding Store may be able to provide you with access to additional lending for asset finance products, including hire purchase, finance lease, sale and lease back, sale and hire purchase back, leasing and even refinance of existing assets that your business may already own.

Any facility will be underwritten, approved, and managed by the selected accredited funder, backed by the British Business Bank and Government guarantee.

Eligibility for Coronavirus Business Interruption Loans Scheme (CBILS) backed asset finance

  • Your business is UK based?

  • Your business have an annual turnover of up to £45 million?

  • Your business would be viable were it not for the pandemic?

  • Your business has been adversely impacted by the coronavirus?

  • Your business generates more than 50% of turnover from trading activity

  • Your business is able to demonstrate affordability

  • Available for hard assets only

If you meet the criteria above, then why not complete our application form on this page or contact us today, on 01908 880420, to discuss your requirements.

Please note that your business will be liable for 100% of the debt. When taking out funding through the BBLS or CBILS, the business is liable for the full loan amount. If the business is unable to repay, the scheme provides a guarantee to the lender, not to the business.

How it works

CBILS application form

Or click here for a quick quote

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