The Coronavirus Business Interruption Loan Scheme is now closed to new applications.
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Coronavirus Business Interruption Loan Scheme (CBILS)
Preparing for your repayments to begin
12 month repayment holiday
- Upon drawdown, we applied an automatic 12 month repayment holiday
- Your repayments started 1 month after the repayment holiday ended
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Making your payments
- You can make extra repayments or repay the loan early without penalty
- You must repay the loan and interest in full by the final repayment date in your loan agreement
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Your repayment account
- You'll need a current or loan servicing account with us for your repayments
- Payments will be required to cover your monthly repayments and interest as advised
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Any property or asset used as a security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
Get the right support during coronavirus
We understand these are difficult times, and if you're in need of a helping hand we're here to support you.
Find guidance and support on our coronavirus hub.
Working with British Business Bank
BBLS, CBILS and CLBILS are managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary for State for Business and Trade (formerly Business, Energy & Industrial Strategy-BEIS).
British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA.
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