CBILS loans from £50,001 – £150,000
No interest or fees to pay for the first 12 months
Terms up to 5 years
No early repayment fees
Five-star rated lender on Trustpilot
Dedicated support throughout your loan application
BCRS Business Loans is an accredited lender for the Coronavirus Business Interruption Loan Scheme (CBILS), supporting SMEs located in the West Midlands region.
CBILS, delivered by the British Business Bank, is a government-backed initiative that is designed to support businesses that have been affected by the coronavirus pandemic.
Accessing finance through a CBILS-backed scheme means that small businesses benefit from no upfront costs and lower initial repayments because the government covers interest and any lender-levied fees for the first 12 months.
BCRS Business Loans is an accredited lender for the Coronavirus Business Interruption Loan Scheme (CBILS), supporting SMEs located in the West Midlands region.
CBILS, delivered by the British Business Bank, is a government-backed initiative that is designed to support businesses that have been affected by the coronavirus pandemic.
Accessing finance through a CBILS-backed scheme means that small businesses benefit from no upfront costs and lower initial repayments because the government covers interest and any lender-levied fees for the first 12 months.
Loan Process – 4 simple and supportive steps!
Step One:
Submit an initial application form on our website – it takes just two minutes to do!
Step Two:
Your application will be reviewed and you will receive an initial eligibility response within 48 hours.
Eligible businesses will be sent a CBILS loan checklist confirming what supporting information is required to progress your application.
Step Three:
Eligible businesses will be assigned a dedicated Business Development & Lending Manager to support you throughout the loan application process.
Step Four:
Successful applicants can expect their loan application and approval process to take an average of 2-3 weeks†
Loan Process – 4 simple and supportive steps!
Step One:
Submit an initial application form on our website – it takes just two minutes to do!
Step Two:
Your application will be reviewed and you will receive an initial eligibility response within 48 hours.
Eligible businesses will be sent a CBILS loan checklist confirming what supporting information is required to progress your application.
Step Three:
Eligible businesses will be assigned a dedicated Business Development & Lending Manager to support you throughout the loan application process.
Step Four:
Successful applicants can expect their loan application and approval process to take an average of 2-3 weeks†
CBILS in Action
“Accessing a CBILS loan from BCRS helped Rapid Retail fulfil pre-existing orders and protect jobs until normal trading conditions resume.”
Rapid Retail, Worcestershire Manufacturer of modular retail units.
“Securing a CBILS loan from BCRS was vital in supporting our cash flow after having to delay the delivery of orders due to Coronavirus.”
Enville Oak, Black Country Carpentry and installation of oak structures.
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The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of, the Secretary of State for Business, Energy & Industrial Strategy. British Business Bank plc is a development bank wholly owned by HM Government. It is not authorised or regulated by the PRA or the FCA. Visit british-business-bank.co.uk
