A Rapid Response, with a Human Touch

Coronavirus Business Interruption Loan Scheme (CBILS)

4Syte has been approved for accreditation to the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank. Read on to learn more.
IMPORTANT NOTICE: The Coronavirus Business Interruption Loan Scheme is now closed to new applications.

The Coronavirus Business Interruption Loan Scheme is now closed to new applications.

Please note, applications received by 23.59 on 31 March 2021 can still be processed through to 31 May 2021.

If you have a query about CBILS, or wish to discuss an outstanding application, please contact us on 01245 377032 in the usual way.


The Coronavirus Business Interruption Loan Scheme (CBILS), delivered through British Business Bank accredited lenders and partners, is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak. The scheme enables lenders to provide facilities to smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow.

It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities.

Scheme Features

Key scheme features provided by 4Syte:

[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.

Scheme Features

Additional notes on security:

[3] Please note that where there is sufficient security available, it is likely that the lender will take such security in support of a CBILS facility

Managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. 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. Visit british-business-bank.co.uk.

Eligibility Criteria

Smaller businesses from all sectors [4] can apply for the full amount of the facility. To be eligible for a facility under CBILS, a smaller business must:

Please note: The following are not eligible under CBILS:

[4] The following are not eligible under CBILS: Banks, Insurers and Reinsurers (but not insurance brokers); public sector bodies, and state funded primary and secondary schools.

CBILS SME Checklist

This is a checklist to help you understand if you may be eligible to apply for a CBILS-backed facility. Lenders will need further information to confirm your eligibility, this is simply a quick reference guide and is not a confirmation of approval.


British Business Bank have compiled responses to some of the most frequently asked questions from SMEs about CBILS. Click on the link below to read more.