Do you need access to fast, flexible funding for your business, including the Coronavirus Business Interruption Loan Scheme?

Claratus Commercial Finance is one of a select few Business Champion brokers with access to a lending partner with an exciting new offering using the Government’s Coronavirus Business Interruption Loan Scheme (CIBLS). We are already supporting several clients in sourcing funding, in the format of both traditional facilities and new schemes during the current climate.

If you are actively seeking funding or would like to know more about how you can apply, please follow the instructions below or call us; we are accepting proposals and will be more than happy to help you.

To apply for a CBILS loan, please read the following information:

Terms available;

  • No repayments for the first 12 months
  • Pay no fees to take out the loan
  • No interest for 12 months
  • Funding available from £10,000 to £250,000*
  • Loan terms from 2 to 5 years
  • No personal guarantee required
  • 24-hour turnaround and approval times
  • Ability to settle early

*subject to status and conditions

To qualify, your business must;

  • Have been adversely affected by Covid 19
  • Have a turnover less than £45m
  • Have been trading for 3 years
  • Trade in the UK
  • Receive over 50% of turnover from trading activity
  • Require funding for business purposes

To apply we require:
1. Last six months business bank statements
2. Last 2 years of statutory accounts
3. Name, address & date of birth for all shareholders with 25% and above shareholding
4. Confirm the amount of your business overdraft facility

To apply please send the relevant information via email or through our website