Coronavirus Loan Schemes and the Future Fund extended to 30th November

01 October 2020 12:44 PM | Lauren Martin-Grieveson (Administrator)

Coronavirus Loan Schemes and the Future Fund extended to 30th November 

The Chancellor of the Exchequer has extended the government’s three Coronavirus business interruption loan schemes - the Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CLBILS), the Bounce Back Loan Scheme (BBLS) - and the Future Fund. The extension aligns all the end dates of the schemes to 30 November.

More businesses will now be able to benefit from the Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CLBILS), the Bounce Back Loan Scheme (BBLS) and the Future Fund.

As the schemes were announced at different times, they previously had different closing dates, with each scheme originally open for applications for a period of six months – 30 September (CBILS and Future Fund), 20 October (CLBILS), and 4 November (Bounce Back Loan Scheme).

https://www.british-business-bank.co.uk/