Coronavirus Business Interruption Loan Scheme (CBILS)
Government backed funding for SME's impacted by Covid-19
How does it work?
CBILS funding can be added onto your invoice finance facility if your otherwise viable business has been adversely impacted by the COVID-19 pandemic and the provision of finance will enable you to trade out of any short-to-medium term difficulties.
Regency offers CBILS funding through a top-up to the Invoice Finance facility. We do not offer CBILS as a standalone product – it can only be accessed through an Invoice Finance facility.
What is CBILS?
The British Business Bank operates CBILS via accredited lenders, including Regency Factors PLC, banks and other approved funders. CBILS gives these lenders a Government-backed guarantee to facilitate more funding.
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).
Regency Factors PLC
2 Regency Chambers
Bury, Lancashire, BL9 0JW
Tel: 0161 280 4000