Intermediaries Borrowers Investors About Contact CBILS CBILS closed for new applications on 31 March 2021. No new CBILS applications can be accepted. This page is for reference for borrowers and brokers with CBILS applications in progress. Overview Key features Highlights Up to £5m facility: The maximum value of a facility provided under the scheme is £5m, available on repayment terms of up to six years. No guarantee fee for SMEs to access the scheme: No fee for smaller businesses. Interest and fees paid by Government for 12 months: The Government will make a Business Interruption Payment (BIP) to cover the first 12 months of interest payments and any lender-levied fees1 , so smaller businesses will benefit from no upfront costs and lower initial repayments.2 Finance terms: Finance terms are up to six years for term loans and asset finance facilities. For overdrafts and invoice finance facilities, terms will be up to three years. Guarantee to the lender: The scheme provides the lender with a government-backed, guarantee against the outstanding facility balance. The borrower always remains 100% liable for the debt. Principal Private Residence (PPR) – A borrowers/guarantors PPR cannot be taken as security to support a Personal Guarantee or as security for a CBILS backed facility. The borrower always remains 100% liable for the debt. 1 Following earlier discussions with the banking industry, some lenders indicated that they would not charge arrangement fees or early repayment charges to SMEs borrowing under the scheme. HM Government greatly appreciates this approach by lenders. 2 Fishery, aquaculture and agriculture businesses may not qualify for the full interest and fee payment. Additional notes on security How to contact us By phone, email or arrange a meeting How to get in touch Email us at cbils@lendinvest.com Frequently asked questions What is CBILS? What is the British Business Bank? What is a Property Investor Cashflow loan? Who is eligible for the scheme? Resources CBILS Property Investor Cashflow loan guide (PDF) Eligibility assessment (PDF) Application form (PDF) Borrower declaration (PDF) Personal guarantor declaration (PDF) Why us? We’re making the process of accessing finance simpler Swift and simple We look to lend quickly and efficiently. We don't do maybes. When we say yes, we mean yes. Inhouse experts Our BDMs work with our case managers and underwriters to get back to you with a decision. Smart online tools Explore deal options with our calculators, get an instant quote, and track your case progress. Our CBILS process Enquiry, application and initial assessment Valuation and underwriting Legals The Coronavirus Business Interruption Loan Scheme (CBILS) 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 CBILS and the list of participating CBILS lenders can be found on the British Business Bank website. Intermediaries Submitting business Calculators Resources Portal login Borrowers Products How it works Resources CBILS Payment deferrals Investors Individuals Institutions Investor log in Shareholder centre About Our story Blog Careers FAQs Media centre ESG Contact General Follow us This website is operated by LendInvest plc. All arrangements relating to the management of investments in alternative investment funds are undertaken by LendInvest Funds Management Limited, authorised and regulated by the Financial Conduct Authority (FRN: 624223). LendInvest Funds Management Limited is a private limited company and LendInvest plc is a public limited company, each registered in England and Wales (No. 07667749 and 8146929 respectively) at 8 Mortimer Street, London, W1T 3JJ. For investors, income and capital repayments are not guaranteed. Your capital is at risk. For borrowers, borrowing through LendInvest involves entering into a mortgage contract secured against property. Your property may be repossessed if you do not keep up repayments on your mortgage. Privacy policy Terms & conditions Your privacy matters We use cookies to offer you a better experience. To understand what data we collect you can access our privacy policy and cookies policy. You can also adjust your cookie settings or confirm your consent by clicking the accept button. Adjust cookies settings Accept The cookies we use: