CORONAVIRUS LARGE BUSINESS INTERRUPTION LOAN SCHEME (CLBILS)
ThinCats has been approved by the British Business Bank as an accredited lender to provide loans through the Coronavirus Large Business Interruption Loan Scheme (CLBILS).
CLBILS provides finance to mid-sized and larger UK businesses with a group turnover of more than £45m (the upper limit for the existing smaller-business focused CBILS - for which we are also an accredited lender) that are suffering disruption to their cashflow due to lost or deferred revenues during the Covid-19 outbreak.
Our initial focus will be on supporting those businesses that we know the best and can help most quickly, which are existing ThinCats borrowers. We are, therefore, currently accepting applications from existing borrowers only.
We will update this page with CLBILS details for new borrowers in due course.
The Coronavirus Large Business Interruption Loan Scheme (CLBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS). British Business Bank plc is wholly owned by HM Government and is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). Full details on CLBILS and the list of participating CLBILS lenders can be found on the British Business Bank website.