
DocuSign
Sign your documents and agreements at the click of a button, through this leading e-signature platform.
Gain the financial backing you need to help your business cope with the Covid-19 outbreak, through this government-backed scheme.1
This is a term loan product offered in conjunction with the UK Government. A government guarantee is issued in favour of the lender, which allows us to consider lending to viable businesses who have been affected by the Coronavirus outbreak.
This scheme is designed to support UK based small and medium-sized businesses, with a turnover of up to £45 million, with a viable business proposition who are struggling with the challenges of the Covid-19 outbreak.
Importantly, access to the scheme has been opened up to those smaller businesses who would have previously met the requirements for a commercial facility but would not have been eligible for CBILS.
For businesses with turnover greater than £45m, discover the Barclays Corporate Coronavirus large business interruption loan to gain the financial backing you need to help your business cope with the Covid-19.
Important information
Borrowers requesting CBILS, or any member of the borrowers group must not have any current borrowing under either the Bounce Back Loan Scheme (BBLS), the Coronavirus Larger Business Interruption Loan Scheme (CLBILS) or the Bank of England’s COVID Corporate Financing Facility (CCFF).
Barclays Bank PLC adheres to The Standards of Lending Practice for Business Customers which are monitored and enforced by The Lending Standards Board^.
1Subject to certain separate terms and conditions and eligibility criteria specified by the Department for Business, Innovation and Skills.
2Subject to status and eligibility.
3Negative interest rates: If your facility is aligned to a floating reference rate (e.g. Bank of England Bank Rate) and that rate becomes less than zero then it will be deemed to be zero i.e. the total interest rate charged for that facility will never be less than the facility margin.
4Maximum assistance may be lower for specific sectors.
Sign your documents and agreements at the click of a button, through this leading e-signature platform.
A government-owned business development bank dedicated to making finance markets work better for smaller businesses.
Discover the latest information related to Covid-19 (coronavirus), including CBIL details, from Barclays Corporate Banking.
Discover the Barclays Corporate Coronavirus large business interruption loan to gain the financial backing you need to help your business cope with the Covid-19 (for businesses with turnover greater than £45m).
To discuss your business requirements and how Barclays can support you, contact us today. Alternatively, please speak to your Relationship Director for more details.