The COVID-19 Corporate Financing Facility (CCFF), under which the Bank of England bought short-term debt from larger companies, is closed to new applications, as of December 2020. It was designed to supported businesses affected by a short-term funding squeeze, allowing them to finance their short-term liabilities. It also supported corporate finance markets overall and eased the supply of credit to all companies. All non-financial companies that met the criteria set out on the Bank of England’s website were eligible.