


CBILS- An initiative to help businesses deal with the impact of coronavirus
CBILS- an initiative to help businesses deal with the impact of Corona virus
There has been a lot going on due the corona virus. Not only has it gripped the entire world, but has also impacted the businesses to a great extent. The escalating corona virus pandemic has been putting enormous pressure on businesses, who are deeply concerned about the day to day cash flows and liquidity. In such a critical situation, it has become essential for businesses to look for a small business loan in UK to deal with the finance issues. So, the UK government has come up with a scheme- Corona virus Business Interruption Loan Scheme, commonly known as CBILS to help businesses who are facing the impact of this pandemic. Also, a business campaign has been launched to make businesses aware of the support available.
All about Corona virus Business Interruption Loan Scheme
The scheme has finally been launched in UK on 23 March 2020. The scheme has...