CBILS Funding | X-Forces Enterprise

Coronavirus Business Interruption Loan Scheme

X-Forces Enterprise & X-Emergency Services have partnered with AskIf to offer the government's new Coronavirus Business Interruption Loan Scheme (CBILS). Through this scheme, we can provide finance of up to £60,000 for small businesses adversely affected by COVID-19, within the communities we serve across the UK.


Our offer with AskIf:


✓ Is for limited companies who have been trading for at least 12 months

✓ Will have arrangement fees paid by the government

✓ Ensures the UK Government will cover the interest payments for the first 12 months

✓ Includes loan repayment over a long term period of up to six years


✓ £60,000 maximum loan size available*

*For values greater than £60,000 there are other providers supporting the scheme


Other information about CBILS


Underpinned by the British Business Bank, through 40+ accredited lenders and partners, the Coronavirus Business Interruption Loan Scheme (CBILS) will support the continued provision of finance to UK SMEs during the Covid-19 outbreak. The scheme provides the lender with a government-backed guarantee, potentially enabling a what would normally be a 'no’ credit decision from a lender to become a ‘yes’.

For more information please visit:

www.gov.uk
www.british-business-bank.co.uk

Find out if you're eligible for an AskIf loan supported through the government's CBILS by filling out the below application. One of our expert business advisors will get back to you as soon as possible to talk you through the process. If you haven't heard from us within one working day, or if you have any other queries, please don't hesitate to reach out to us at info@x-forces.com.
IMPORTANT: Missing payments could have severe consequences and make obtaining credit more difficult. Loans are strictly for Limited Companies more than 12 months old. Finance is subject to status, where a credit check will be performed.

Additional Information


Finance Your Growth

Read more about other vendors offering loans with differing eligibility, including offerings of over £60,000.

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Frequently Asked Questions

Find out more about the application process, the information required, the loan terms and other useful information.

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