BCRS Business Loans is committed to supporting the needs of West Midlands based businesses that have been affected by the Coronavirus crisis. We want to do all that we can to help you during this unsettling time.
We have launched a brand-new fund called the Coronavirus Business Interruption Loan Scheme (CBILS) with the British Business Bank, which offers dedicated loans to businesses affected by the pandemic. Plus, the Government will make a Business Interruption Payment to cover the first 12 months of interest payments and any lender-levied fees, so smaller businesses will benefit from no upfront costs and lower initial repayments.
We have also put together some other useful bits of information for you, such as:
- details about our modified loan process to heed social distancing advice
- our top tips for a speedy loan process; and
- other financial support measures available to help