Get ahead before the New Year and apply for your Government Backed Loan today
Government Backed Loans have been extended again to 31 March 2021. If you were considering applying for the Coronavirus Business Interruption Loan Scheme (CBILS), act now to secure your business’s cash flow and ease your stress over the Christmas period.
Many businesses are accessing loans with an aim to hang onto the cash in case they need it in this uncertain climate.
To minimise the disruption to your business, work with PMD to access the finance you require to navigate your business through the next year. Even if you have already utilised one CBILS facility, you can still drawdown on a second CBILS facility before the time is up.
It is interesting to see the comparison of applications to approvals of CBILS. To date, 82,618 of CBILS facilities have been approved against the 186,522 CBILS applications. It is evident that many SMEs have yet to secure a CBILS facility despite there being much demand. PMD can help you access the whole of the market to fully explore all your options.
Take advantage of PMD’s fast track application service
Decisions can be made within days and money released shortly after acceptance is confirmed.
For more information on CBILS and how it works, take a look at the British Business Bank website.
Or get in touch with one of our expert team today and we’d be happy to talk you through it instead by calling 0161 633 2548.