The Coronavirus Business Interruption Loan Scheme (CBILS) is designed to provide financial support for SMEs across the UK during the Covid-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities.
Sonovate is able to offer CBILS invoice finance facilities alongside our current product offering to both new and existing customers. They also have a great free guide to setting up a recruitment agency.
In this Live Chat Show Louise talked with Richard Prime, CEO of Sonovate and Mark Thompson, Head of Partnerships at Sonovate. You can watch the video here:
