The Government are extending the time for businesses to access the range of loan schemes.
Over 1 million businesses across the United Kingdom have already benefitted from over £57 billion through our business loan schemes. But the Government are giving them even more access to support by extending the deadline for new applications until the end of November for the Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CLBILS), and the Future Fund.
Along with our Bounce Back Loans, this means all four loan schemes will now expire at the end of November. The Government will work with businesses and lenders to introduce a new loan guarantee scheme from January 2021.