Applications Deadlines for Coronavirus Loan Schemes Extended

The Chancellor has extended the application deadlines for all Government Coronavirus loan schemes until 31 January 2021.

The extension provides an opportunity for businesses that have not yet secured Government-backed borrowing facilities to do so – helping relieve cash flow pressures and providing additional liquidity in a challenging economic environment.

We have outlined the key features of the CBILS and CLBILS schemes and the factors to consider when submitting applications and approaching funders for support in our latest report.

Gambit has been assisting many businesses with their COVID-19 action plans and providing guidance on the funding available. The firm is proud to have maintained a 100% success rate of applications (against a wider market success rate of 50%)

If you would like to set up a call to discuss the challenges facing your business, understand the most appropriate funding options available and best practice in submitting CBILS/CLBILS applications ahead of forthcoming deadlines, please contact a member of the team.

Share on:

Subscribe to receive our latest sector bulletins, thought leadership articles, deal completion reports and newsletters.

Read another insight

Gambit Corporate Finance LLP, has experienced a busy period in the past fortnight, announcing 4 transactions across the UK with...
Cwmtillery Glass Centre (CGC), one of the UK’s largest independent manufacturers of insulated glass units and toughened glass has been...
Trusted Data Solutions (TDS), the foremost expert in legacy data management, has sold its Communications Compliance Practice to Kerv. The...

Search Gambit Corporate Finance