Business Interruption Loans for Small Businesses and a New Scheme for Larger Companies To maximise the support available, the Chancellor is extending the CBILS so that all viable small businesses affected by COVID-19, and not just those unable to secure regular commercial financing, will now be eligible should they need finance to keep operating during this difficult time. Chancellor strengthens support on offer for business as first government-backed loans reach firms in need The Chancellor Rishi Sunak is today (Friday 3 April) taking further action to support firms affected by the coronavirus crisis by bolstering business interruption loans for small
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