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Your FREE Guide to Lockdown Recovery

Getting ready for the “new” normal means planning and safeguarding your business post COVID-19.

This guide acts as a useful reminder of the key things that need to be in place if you are going to get your business functioning efficiently and effectively; look after your people and your customers; and move your business forward.

We are in very uncertain and challenging times, but Jerroms are here to help in any way we can – so please get in touch.

Coronavirus Business Interruption Loan Scheme (CBILS)

The Coronavirus Business Interruption Loan Scheme (CBILS) supports businesses that are experiencing lost or deferred revenues, leading to disruption to their cashflow. Depending on the size of your business will determine which of the Coronavirus Business Interruption Loan Schemes you qualify for.

For smaller businesses facilities of up to £5m are available, with facilities up to £25m for medium/larger businesses with turnover from £45m up to £250m, and facilities of up to £50m for those businesses with a turnover of more than £250m.

Delivered by the British Business Bank, there are now over 40 accredited lenders signed up for the CBILS, consisting of the familiar High Street lenders but a majority are alternative and specialist lenders who you may not be familiar with. Having an in depth knowledge of these lenders enables Jerroms to find the most appropriate solution for you and your business.

CBILS supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities and is just one of a number of measures announced by Government to support businesses through this period of disruption caused by COVID-19.


Remember Jerroms are here to support you through these uncertain times so if you have any questions relating to this or any other Covid-19 Government-backed business support scheme please get in touch.


Learn More

If you have any questions or would like to discuss this further please get in touch with your usual Jerrroms contact in the first instance or alternatively, This email address is being protected from spambots. You need JavaScript enabled to view it., Jerroms Corporate Finance, can help with any queries or application assistance you may require.

More information including eligibility and how to access the scheme is available by clicking on the relevant link below.


 

CORONAVIRUS RESOURCES

Get In Touch

Please get in touch if you want to talk more about how we can help you.
We offer an initial consultation free of charge which gives us the chance to meet and discuss your needs, with no obligation.

Corporate Finance in Solihull

Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH

0121 693 5000

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Jerroms is a trading style of Jerroms Business Solutions Limited 08923059, Jerroms (Bromsgrove) Limited 08433008 and Jerroms Corporate Finance Limited 12112183 . 
Registered office for each of these companies is: Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH