First Business Finance | Covid-19 | Support Through The Crisis
As a valued introducer of First Business Finance we want to stay in touch and offer you practical support during this difficult time of the coronavirus (COVID-19) outbreak. Its impact is touching all of our lives and we’d like to reassure you again that we’re here to help you and your clients where we can.
The Government support packages to business are now being implemented. Comprehensive details of full Governmental support can be found here.
One of the key tools for business is the Coronavirus Interruption Loan Scheme (CBILS).
The scheme is operated through the British Business Bank in conjunction with a number of Banks and Funders. Essentially the CBILS provides a guarantee to lenders in support of viable finance applications providing more security to the decision and hopefully turning a “NO” to a “YES” so you still get the help .
At First Business Finance a number of our regular funders, with whom we transact large volumes of business, are participating in the scheme. This means we have strong relationships and direct routes to funding with the backing of the CBILS.
Our experience in packaging and proposing deals will give you best the opportunity to secure the funding and support that you and your potential customers require.
- Business loans
- Invoice Finance (Factoring)
- Asset Finance
The FBF team have over 50 years combined experience providing valuable support to businesses across all sectors. We will continue to make our wealth of experience available to support trade and commerce during these difficult times.
We really appreciate your business and our relationship to date and we will weather this storm together.
Stay safe and please do not hesitate to contact us if we can help.