What is the CBILS Application Service?
Portman are an approved CBILS loan and asset finance broker, with multiple accredited lenders on our panel. By working with us, we will put together an application package to CBILS lenders that will suit your funding requirements. You will be allocated a dedicated account manager who will work with you throughout the process to prepare your CBILS application proposal. Our account managers are CBILS experts, they understand the nuances of the scheme and importantly, the specific criteria each accredited lender is seeking for customer approval.
Finance products available under the scheme with accredited lenders
Am I eligible?
The British Business Bank has released the following eligibility criteria for CBILS:
Your business must:
- Be UK-based in its business activity
- Have an annual turnover of no more than £45 million
- Have a borrowing proposal which the lender would consider viable, were it not for the current pandemic
- Self-certify that it has been adversely impacted by the coronavirus (COVID-19).
Portman Asset Finance are in the favourable position of being in direct communication with CBILS lenders regarding their approval criteria. This enables us to structure your application proposal in a way that offers the very best opportunity of acceptance.
Disclaimer: We do not have direct control on acceptance for interruption loans. The decision is made by the lender.