Government Support Schemes 2020 Schemes for Funders Scheme

Government Support Schemes 2020: Schemes for Funders Scheme Who is it for? Coronavirus Business Interruption Loan Scheme (CBILS) A range of accredited British Business Bank lenders who are funding a small business with a turnover of no more than £ 45 million per annum. It covers loans, terms facilities, overdrafts, invoice finance and asset finance. Banks and building societies. Provides funding to banks and building societies in order that they maintain or increase their funding to SMEs. For businesses “making a material contribution to the UK economy” – this include nonbank funders. The Bank will buy commercial paper up to one year of maturity. Commercial paper issued by banks, building societies, and other entities regulated by the Bank of England or the Financial Conduct Authority will not be eligible. Term Funding Scheme with additional support for SMEs (TFSSME) Covid Corporate Financing Facility (CCFF) How does it work? What to do next? To find out more about the scheme, please click here. If you are not accredited for the scheme and would like to be, please contact the British Business Bank. Contact the Bank of England by visiting this page. Contact the Bank of England CCFFapplications@bankofengland. co. uk This version last updated 29 www. fla. org. uk April 2020

Government Support Schemes 2020: Schemes for Funders Scheme Who is it for? Coronavirus Large Business Interruption Loan Scheme (CBILS) A range of accredited British Business Bank lenders who are funding a small business with a turnover greater than £ 45 million per annum. It covers loans, terms facilities, overdrafts, invoice finance and asset finance. Accredited lenders via the British Business Bank to fund small businesses. . Provides rapid-access loans to businesses. Bounce Back Loan Scheme How does it work? What to do next? To find out more about the scheme, please click here. If you are not accredited for the scheme and would like to be, please contact the British Business Bank. Contact the BBB or visit this page for further information, This version last updated 29 www. fla. org. uk April 2020