Eligibility:

• UK – based 
• have an annual turnover of no more than £45 million
• were disrupted by the COVID-19 outbreak
• Insufficient security is no longer a condition to access the scheme (operational with lenders from Monday 6 April 2020):

      1. No personal guarantees for facilities under £250,000.

      2. Personal guarantees may still be required, at a lender’s discretion, for facilities above £250,000, but they exclude the Principal Private Residence (PPR) and recoveries under these are capped at a maximum of 20% of the outstanding balance of the CBILS facility after the proceeds of business assets have been applied.