CBILS, BBLS and RLS
These loan schemes were introduced as a lifeline during the pandemic. But now, they are a burden for businesses. Click below to find out what they mean for your business and explore your options.
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Can’t Pay Your CBILS, BBLS or RLS loan? Click on a page below to learn more about what this means for you & the options available.
Can’t Repay Your CBILS Loan?
The Coronavirus Business Interruption Loan Scheme (CBILS) provided billions of pounds in loans to SMEs throughout the UK. These loans were given out with little to no due diligence and borrowers were often unsure of the consequences. Now, as payment…
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Can’t Pay Bounce Back Loan? Consequences & Solutions
Millions of businesses and directors are at risk as a result of BBLS that were taken out at the height of the pandemic. Find out the consequences and options available.
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Can’t Afford Your Recovery Loan Scheme (RLS) Repayments?
The Recovery Loan Scheme (RLS) was introduced as the successor to the CBILS and BBLS schemes. The idea was to help businesses continue to recover from the Covid-19 pandemic through accessible finance. A total of £1.06 billion was given to…
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