During these unprecedented times, and with the current situation developing on a daily basis, we at LDNfinance would like to assure you that we have taken the necessary steps to protect the business and strive to continue to deliver a high level of service to our clients through this complex and challenging time.
One of the big challenges within the Covid-19 economy is the disruption to the day-to-day running of everyday businesses. As such, LDNfinance are providing support for all businesses that are eligible for the Coronavirus Business Interruption Loan Scheme (CBILS). The government is looking to assist Small & Medium Enterprises (SMEs) and ensure businesses can get back to normal as soon as possible.
To be eligible for this loan a business must;
- Be UK based
- Have an annual turnover of less than £45,000,000
Key points of the loan are;
- Borrow between £5,000 to £5,000,000
- No interest payments for the first 12 months
- Maximum 6 year term
- No penalty to repay your loan early
At LDNfinance, our advisers are experts at connecting you with the right lender for your situation in these challenging times. We will work with you to secure the funding your business needs from one of the many innovative lenders looking to assist with funding though the Coronavirus Business Interruption Loan Scheme (CBILS). Please use the contact us form to get in touch.