CBIL eligibility checklist

Your business may be eligible if it:

  • has been negatively impacted by the outbreak of Covid-19 (e.g. reduced cash flow)
  • is a UK Trading Business operating with a Secure Trust ABL facility
  • has been running for over 12 months and has a turnover of no more than £45 million
  • does not exceed the European Community State Aid maximum, as a result of taking out a CBIL
  • does not operate in an ineligible or excluded sector
  • the loan amount does not exceed 25% of the turnover of the business in 2019
  • can demonstrate that it has a viable business proposition which will be assessed according to our lending criteria

NB

  • The Finance is to support the business to trade out of any short/medium term cashflow difficulty caused by the CV19 impacts and if granted the business should not go out of business in the short to medium term
  • The borrower remains 100% liable for the debt

Full details available on the British Business Bank website.

Secure Trust Bank PLC. Registered in England and Wales 541132. Registered Office: One Arleston Way, Solihull, B90 4LH.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our registration number is 204550

All communications with us will be monitored/recorded to improve the quality of our service and for your protection and security.