CBILS LOAN UPDATE – Can we assist you to get your business back on track?

Close up pen on paperwork and woman hand calculate finance.

Ethos have continued to assist a significant number of customers with existing and new funding arrangements to support them through this current crisis.

Since the government announced support from the British Bank with the Coronavirus Business Interruption Loan Scheme, we have been working with our panel of lenders to see how we can support you to keep your business on track.

Benefits include:
Capital only repayments for the 1st 12 months
Lending available between £25K-£250K
No Guarantees required up to £250K
Release cashflow from assets free of finance
Asset finance & refinance
New purchases
Agreements considered HP, Finance Lease, Sale & HP/Lease back only
Available to business with an annual turnover of up to £45m.

If your business has suffered as a direct impact of the COVID19 outbreak having previously enjoyed a buoyant period of trading you are likely to be considered for one of the above options.

We are on hand to keep you up to date with the latest lending criteria and requirements. Please don’t hesitate to get in touch if you need clear, informed support or to discuss any additional assistance for your business during this significantly challenging time.

We’re working at full speed to keep up to date with the constantly-changing picture and, as always, will go the extra mile for you.