{"id":283,"date":"2021-02-19T11:07:03","date_gmt":"2021-02-19T11:07:03","guid":{"rendered":"http:\/\/www.merlincf.com\/?p=283"},"modified":"2021-02-19T11:10:47","modified_gmt":"2021-02-19T11:10:47","slug":"the-coronavirus-business-interruption-loan-scheme-closes-on-31st-march","status":"publish","type":"post","link":"https:\/\/www.merlincf.com\/latest-news\/the-coronavirus-business-interruption-loan-scheme-closes-on-31st-march\/","title":{"rendered":"The Coronavirus Business Interruption Loan Scheme closes on 31st March"},"content":{"rendered":"\n
The Coronavirus Business Interruption Loan Scheme (CBILS), set up to support Owner Managed Businesses that have been disrupted by the Covid-19 pandemic closes at the end of next month – 31st March 2021.<\/strong><\/p>\n\n\n\n This is a major opportunity for your business to benefit from a Government backed loan between \u00a350,001 and \u00a3500,000 . Key features include<\/strong>:<\/p>\n\n\n\n To date over \u00a320 billion has been advanced under the CBILS facility with over 100,000 successful applications .With the continuing of lockdowns and interruption to business leading to loss of working capital, the CBILS facility could be the financial support you need to recover from the last 12 months.<\/p>\n\n\n\n
But what does it mean for you?<\/strong><\/p>\n\n\n\n