Access to finance in a Covid world

ART Business Loan’s Dr Steve Walker

CBILS. BBLS. To me these always sound like Ceebils and Bobbles — characters in a children’s TV show.

But you know they’re not, of course, and that respectively they are the acronyms of the Coronavirus Business Interruption Loan Scheme and the Business Bounce Back Loan Scheme, the government’s emergency lending measures to try and help businesses get through the coronavirus crisis. They replaced the earlier Enterprise Finance Guarantee scheme.

BSSEC member ART Business Loans is now an accredited provider of CBILS loans and chief exec Steve Walker has just written an article about the schemes for Birmingham Business magazine.

If you or your clients need to know more about these schemes, then I recommend Steve’s piece — it’s the clearest and most helpful explanation I have yet come across of how the schemes work and their pros and cons.

Read Access to finance in a Covid world: Dr Steve Walker

Birmingham UK. Freelance research, evaluation and policy consultant specialising in social enterprise and the third sector. I maintain the BSSEC blog and website

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