Useful insights for corporate finance advisers and SMEs on how to navigate the last minute rush for CBILS
Press release issued on 1 September to announce our 5 top tips for successful CBILS applications with only 30 days remaining to submit an application
We are calling on the Chancellor, Rishi Sunak MP, to extend the current deadlines for the Coronavirus Business Interruption Loan Scheme (CBILS) and the Coronavirus Large Business Interruption Loan Scheme (CLBILS).
How we are seeing increasing numbers of CBILS borrowers seeking funding for longer-term growth purposes rather than immediate survival.
A common misconception about CBILS is that businesses backed by Private Equity investors do not qualify. From our experience funding existing customers with CBILS loans – and more recently new borrowers – we are able to support PE backed businesses in several ways, summarised in this blog
ThinCats surveyed over 100 professional corporate finance advisers, brokers and accountants to ascertain their views on the Coronavirus Business Interruption Loan Scheme (CBILS).
As large parts of the UK economy emerge from a pandemic-induced hibernation to take stock of the new post-lockdown reality, businesses’ needs for additional funding will be many and varied.
We are delighted to announce that we are opening up Coronavirus Business Interruption Loan Scheme (CBILS) loans to new customers.
The full economic impact of the coronavirus crisis and how quickly we return to pre-covid levels of economic activity is difficult to predict. The Government seems keen to learn from the lessons of the 2008 financial crisis when measures to protect banks’ deposit holders led to a lack of vital liquidity for businesses.