For Asset Finance Intermediaries
working with SMEs across the UK,
who as a result of COVID-19 are
experiencing lost or deferred …
Please Note: due to very high volumes of enquiries for all of our CBILS Term Loan products, we are currently only accepting CBILS applications from existing United Trust Bank borrowers and their representatives.
We will once again consider proposals from new customers when we have processed all outstanding applications. We remain open for applications on our non-CBILS Term Loan products. Please check back here for further updates.
To be eligible for a facility under CBILS, your business must:
View the British Business Bank CBILS SME Checklist here.
UTB will need further information to confirm eligibility.
All lending decisions remain fully delegated to UTB as an accredited lender.
The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of,and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS). British Business Bank plc is wholly owned by HM Government and is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA).
Full details on CBILS eligibility criteria and the list of participating CBILS lenders can be found on the British Business Bank website at: www.british-business-bank.co.uk/CBILS
Organisations registered with Companies House which consists of at least one general partner and at least one limited partner.Apply online
Organisations registered with Companies House where some or all of the partners have limited liabilities.Apply online
Organisations which are not registered with Companies House, consisting of at least two partners responsible for the running and decisions of their business.Apply online
Individuals who are the exclusive owner of a business, responsible for all profits and losses of that business.Apply online
The cash element of Self-Invested Personal Pensions (SIPPs) and Small Self-Administered Schemes (SASSs).Apply by post
Cash being held for the benefit of a beneficiary, administered by named trustees.Apply by post
Not-for-profit organisations of two or more people, dedicated to a particular interest or activity.Apply by post